• November 1, 2014
November 01, 2014, 7:55:34 AM *
Welcome, Guest. Please login or register.

Login with your Chronicle username and password
News: Talk about how to cope with chronic illness, disability, and other health issues in the academic workplace.
 
Pages: [1]
  Print  
Author Topic: Is there an Education Bubble? (not a student loan bubble)  (Read 12067 times)
chicago_48
Senior member
****
Posts: 542


« on: April 30, 2012, 10:02:03 PM »

National Louis in Illinois is laying off 80-90 staff and cutting some programs.  Are you seeing an "Education" bubble in your area?
http://articles.chicagotribune.com/2012-04-29/news/ct-met-national-louis-layoffs-0429-20120429_1_faculty-layoffs-associate-professor-upcoming-budget
Logged
zharkov
or, the modern Prometheus.
Distinguished Senior Member
*****
Posts: 9,567


« Reply #1 on: May 01, 2012, 8:10:58 PM »


The bubble will be made up mostly of good enough but not spectacular private schools (like NLU), that have relatively low endowments, are tuition driven, and have not been too savvy about marketing and strategy.   

PS:  I know it is childish, but I had to do a double take when I found that NLU is run by President Megahed, and am still beset by visions of Mars Attacks.
Logged

__________
Zharkov's Razor:
Adapting Zharkov a bit to this situation, ignorance and confusion can explain a lot.
madhatter
We proudly present the fora's Least
Member-Moderator
Distinguished Senior Member
*****
Posts: 8,100

Just killing time


« Reply #2 on: May 01, 2012, 11:14:00 PM »

If it helps, she pronounces it meGAAHed. OK, that doesn't help much.

NLU's had a rocky history over the past decade of financially overextending itself. This may be a case of the chickens coming home to roost. Or perhaps all the escape goats have been launched. I wouldn't call NLU a harbinger of much of anything than the consequences of their own missteps.
Logged

"I may be an evil scientist, but it doesn't take a degree purchased from the Internet with your ex-wife's money to know how special and important you are to me." -- Dr. Doofenschmirtz
usukprof
Not sure he's been around long enough to really be a
Member-Moderator
Distinguished Senior Member
*****
Posts: 10,607

.


« Reply #3 on: May 01, 2012, 11:20:27 PM »

And for a while it was called National Kindergarten and Elementary College.
Logged

Fat, drunk, and stupid is no way to go through life, son.  --Dean Vernon Wormer
csguy
Distinguished Senior Member
*****
Posts: 1,278

Computer Science faculty


« Reply #4 on: May 11, 2012, 10:39:38 AM »

If it helps, she pronounces it meGAAHed. OK, that doesn't help much.

NLU's had a rocky history over the past decade of financially overextending itself. This may be a case of the chickens coming home to roost. Or perhaps all the escape goats have been launched. I wouldn't call NLU a harbinger of much of anything than the consequences of their own missteps.
Escape goats launched? Classic.
Logged
katgut5
New member
*
Posts: 25


« Reply #5 on: May 29, 2012, 11:17:15 PM »


The bubble will be made up mostly of good enough but not spectacular private schools (like NLU), that have relatively low endowments, are tuition driven, and have not been too savvy about marketing and strategy.   

I agree with this statement, although I'm not sure marketing could really help all of those small liberal arts colleges fighting over students. There are just too many colleges, and too much duplication of academic programs.
Logged
leobloom
Where Planted
Distinguished Senior Member
*****
Posts: 1,056

What kind of man reads CHE Fora?


« Reply #6 on: May 30, 2012, 11:14:04 AM »

I am at a loss as to what National Louis is doing. Just the other day I saw quite a few of their job ads in Inside Higher Ed.
Logged
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.9 | SMF © 2006-2008, Simple Machines LLC Valid XHTML 1.0! Valid CSS!
  • 1255 Twenty-Third St., N.W.
  • Washington, D.C. 20037
subscribe today

Get the insight you need for success in academe.