|
|
Post by purplehaze on Nov 2, 2020 12:45:08 GMT -5
|
|
|
|
Post by nycrusader2010 on Nov 2, 2020 13:03:36 GMT -5
Instead of the Big Five becoming the Big Four, they could instead finally invite Drexel to the party.
|
|
|
|
Post by Pakachoag Phreek on Nov 3, 2020 12:43:43 GMT -5
Merging with LaSalle would be like the blind man helping the lame man cross the street.
Fr. B. is on the BoT for St. Joe's
Fr. von Arx, former President of Fairfield, is also on the BoT. He is presently the Superior of John LaFarge House in Cambridge, home for Jesuits studying at Harvard.
No good ideas who would be a good merger partner, unless the Jesuit identity is tossed.
|
|
|
|
Post by A Clock Tower Purple on Nov 3, 2020 13:52:08 GMT -5
U of Scranton
|
|
|
|
Post by hchoops on Nov 3, 2020 14:56:49 GMT -5
Going a bit further
St. Peter’s U., Jersey City
But I believe that Scranton is in better shape financially
|
|
|
|
Post by DFW HOYA on Nov 3, 2020 16:55:24 GMT -5
Here's the canary in the coal mine for Jesuit colleges: St. Joe's isn't the weakest. But the fact that it would be so open to wave a white flag is troubling.
SJU has the 13th largest endowment of 27 Jesuit schools, just under $300 million. Here are the bottom 10--if St. Joe's is struggling, what is going to happen to these schools?
LeMoyne: $180 million
Scranton: $170
Xavier: $170
Canisius: $110
Detroit: $52
Regis (Denver): $50
Rockhurst (KC): $35
St. Peter's: $31
Spring Hill (Alabama): $19
|
|
|
|
Post by hcpride on Nov 3, 2020 17:08:03 GMT -5
The Hawk will never die.
Clever first line from the cited article (if you've seen the mascot and heard the motto at the hoops games): The Hawk will never die, but it might merge with another school.
|
|
|
|
Post by hchoops on Nov 3, 2020 17:28:01 GMT -5
Here's the canary in the coal mine for Jesuit colleges: St. Joe's isn't the weakest. But the fact that it would be so open to wave a white flag is troubling. SJU has the 13th largest endowment of 27 Jesuit schools, just under $300 million. Here are the bottom 10--if St. Joe's is struggling, what is going to happen to these schools? LeMoyne: $180 million Scranton: $170 Xavier: $170 Canisius: $110 Detroit: $52 Regis (Denver): $50 Rockhurst (KC): $35 St. Peter's: $31 Spring Hill (Alabama): $19 As was written in the original post, the main problem seems to be enrollment, not the endowment. Scranton has a low endowment, but I think their enrollment numbers are ok. |
|
|
|
Post by timholycross on Nov 3, 2020 22:15:27 GMT -5
The Hawk will never die. Clever first line from the cited article (if you've seen the mascot and heard the motto at the hoops games): The Hawk will never die, but it might merge with another school.No question The Hawk would be the mascot of any merged university, it's a great tradition and manages, in this day and age, to not offend anyone. Won't be like LIU/Post that became the Sharks (replacing the Blackbirds) |
|
|
|
Post by longsuffering on Nov 4, 2020 1:17:29 GMT -5
Here's the canary in the coal mine for Jesuit colleges: St. Joe's isn't the weakest. But the fact that it would be so open to wave a white flag is troubling. SJU has the 13th largest endowment of 27 Jesuit schools, just under $300 million. Here are the bottom 10--if St. Joe's is struggling, what is going to happen to these schools? LeMoyne: $180 million Scranton: $170 Xavier: $170 Canisius: $110 Detroit: $52 Regis (Denver): $50 Rockhurst (KC): $35 St. Peter's: $31 Spring Hill (Alabama): $19 As was written in the original post, the main problem seems to be enrollment, not the endowment. Scranton has a low endowment, but I think their enrollment numbers are ok. Scranton has had a billboard on Rte. 290 near HC advertising their online education for quite a while, well before the pandemic. It would be nice if one Jesuit school shared their infrastructure and expertise in online learning with other Jesuit schools so that programs St. Joe's is strong in (there must be some) can be a revenue and student source to help them maintain. |
|
|
|
Post by Pakachoag Phreek on Nov 4, 2020 9:24:45 GMT -5
Detroit Mercy was formed by merging Univ. of Detroit (Jesuit) and Mercy (Religious Sisters of Mercy). The university is 'sponsored' by both congregations. So there is precedent.
BC absorbed Newton College of the Sacred Heart. So I suppose St. Joe's could take over Rosemont, and sell Rosemont's campus to Villanova, Villanova being an abutter at the east end of the football stadium. But I doubt that brings them much in the way of enrollment.
St. Joe's has a 125 acre campus with 80+ buildings. One option might be to go non-denominational (like Manhattanville did) and then become part of the PSU system, , in essence becoming the Pennsylvania State University at Philadelphia.
|
|
|
|
Post by rgs318 on Nov 4, 2020 10:00:22 GMT -5
Mercy College (D2) went non-denominational and co-ed some years back. (It had been founded as a college for women by the Sisters of Mercy) It saved the college. (PS: The sisters who taught there continued to do so.)
|
|
|
|
Post by hcpride on Nov 4, 2020 10:45:44 GMT -5
St. Joe's has a 125 acre campus with 80+ buildings. One option might be to go non-denominational (like Manhattanville did) and then become part of the PSU system, , in essence becoming the Pennsylvania State University at Philadelphia. Like Temple? |
|
|
|
Post by Pakachoag Phreek on Nov 4, 2020 11:33:39 GMT -5
St. Joe's has a 125 acre campus with 80+ buildings. One option might be to go non-denominational (like Manhattanville did) and then become part of the PSU system, , in essence becoming the Pennsylvania State University at Philadelphia. Like Temple? Temple, Pitt, PSU at State College, and Lincoln U. form the Commonwealth System, as they have individual legal status separate from other institutions.. The Pennsylvania State System has 14 institutions, the closest campus to Philadelphia is in Abington. I was more thinking of this system. The only advantage of becoming part of the State System is significantly lower cost of attendance. The problem for both Scranton and St. Joe's is state demographics are not favorable for increasing enrollment. Same for Wheeling Jesuit. |
|
|
|
Post by sader1970 on Nov 4, 2020 11:56:54 GMT -5
Wheeling "Jesuit" University, of which my cousin is an alum, is no longer a Jesuit educational institution as of 2019 but still a private "Catholic" university (not sure anymore what makes a college/university "Catholic" if not headed by a Catholic order). So, it's just "Wheeling University."
One of my sisters is an alum of the "College of White Plains" that was absorbed by Pace University just as she was graduating and she had the choice for her diploma to read CWP or Pace. She chose the former.
I believe CNR (College of New Rochelle) is now defunct. Think we had a thread on its demise and believe they were looking to sell off to another college or university but don't think they were successful.
Bottom line: lots of struggling Catholic private educational institutions over the last couple of decades.
|
|
|
|
Post by rgs318 on Nov 4, 2020 12:37:24 GMT -5
CNR did sell its campus. Many of its students were admitted (with all of their credits) to Mercy College. Some of the staff were hired by Mercy as well.
|
|
|
|
Post by sader1970 on Nov 4, 2020 12:45:55 GMT -5
Know anyone with a connection to Mercy that can give us the inside scoop?
|
|
|
|
Post by timholycross on Nov 5, 2020 13:18:33 GMT -5
Temple, Pitt, PSU at State College, and Lincoln U. form the Commonwealth System, as they have individual legal status separate from other institutions.. The Pennsylvania State System has 14 institutions, the closest campus to Philadelphia is in Abington. I was more thinking of this system. The only advantage of becoming part of the State System is significantly lower cost of attendance. The problem for both Scranton and St. Joe's is state demographics are not favorable for increasing enrollment. Same for Wheeling Jesuit. I can't see St. Joes existing as a separate entity under the latter situation. In athletics, those satellite schools are in a conference PSUAC, that's not even NCAA D3 nor NIAA, more juco than anything else. en.wikipedia.org/wiki/United_States_Collegiate_Athletic_Association |
|
|
|
Post by timholycross on Nov 5, 2020 13:21:44 GMT -5
Wheeling "Jesuit" University, of which my cousin is an alum, is no longer a Jesuit educational institution as of 2019 but still a private "Catholic" university (not sure anymore what makes a college/university "Catholic" if not headed by a Catholic order). So, it's just "Wheeling University." One of my sisters is an alum of the "College of White Plains" that was absorbed by Pace University just as she was graduating and she had the choice for her diploma to read CWP or Pace. She chose the former. I believe CNR (College of New Rochelle) is now defunct. Think we had a thread on its demise and believe they were looking to sell off to another college or university but don't think they were successful. Bottom line: lots of struggling Catholic private educational institutions over the last couple of decades. Another such place was Marymount College in Tarrytown, NY (my roommate's girlfriend-turned-wife went there). It was absorbed by Fordham in 2000; then the campus was sold circa 2007 to something called EF Education, a chain of private language-instruction schools. |
|
|
|
Post by rgs318 on Nov 5, 2020 13:30:14 GMT -5
It is a sad day when the real estate on which a school stands is worth more than the education it offers to students.
|
|
|
|
Post by longsuffering on Nov 5, 2020 23:59:47 GMT -5
Detroit Mercy was formed by merging Univ. of Detroit (Jesuit) and Mercy (Religious Sisters of Mercy). The university is 'sponsored' by both congregations. So there is precedent. BC absorbed Newton College of the Sacred Heart. So I suppose St. Joe's could take over Rosemont, and sell Rosemont's campus to Villanova, Villanova being an abutter at the east end of the football stadium. But I doubt that brings them much in the way of enrollment. St. Joe's has a 125 acre campus with 80+ buildings. One option might be to go non-denominational (like Manhattanville did) and then become part of the PSU system, , in essence becoming the Pennsylvania State University at Philadelphia. This suggestion represents a rare swing and miss from the reliable P. Phreek in my humble opinion. What happened to the old college try? Emmanuel College, my mother's alma mater (class of '39 along with the late columnist Mary McGrory) faced a bleak future in 2000 with little money and down to 500 students. They leased part of their 17 acre Boston Campus to Merck who built a research laboratory and gave Emmanuel a $50 million payment and shared use of the facilities. Now Emmanuel is co-ed with 2500 students, still located in the Fenway/Longwood Medical area and the only college in America with a pharmaceutical lab on campus. St. Joe's has 170 acres in Philly. Time to put on the thinking cap instead of raising the white flag. |
|
|
|
Post by hcpride on Nov 6, 2020 7:23:44 GMT -5
Temple, Pitt, PSU at State College, and Lincoln U. form the Commonwealth System, as they have individual legal status separate from other institutions.. The Pennsylvania State System has 14 institutions, the closest campus to Philadelphia is in Abington. I was more thinking of this system. The only advantage of becoming part of the State System is significantly lower cost of attendance. The problem for both Scranton and St. Joe's is state demographics are not favorable for increasing enrollment. Same for Wheeling Jesuit. I bring up Temple as its tuition is far cheaper (given its state-related status) for PA kids (19K v 47k) and it is just 10 miles away. Perhaps Philly competition (not necessarily confined to Temple) is a component of St. Joseph’s enrollment challenges. |
|
|
|
Post by Pakachoag Phreek on Nov 6, 2020 9:53:51 GMT -5
Temple, Pitt, PSU at State College, and Lincoln U. form the Commonwealth System, as they have individual legal status separate from other institutions.. The Pennsylvania State System has 14 institutions, the closest campus to Philadelphia is in Abington. I was more thinking of this system. The only advantage of becoming part of the State System is significantly lower cost of attendance. The problem for both Scranton and St. Joe's is state demographics are not favorable for increasing enrollment. Same for Wheeling Jesuit. I bring up Temple as its tuition is far cheaper (given its state-related status) for PA kids (19K v 47k) and it is just 10 miles away. Perhaps Philly competition (not necessarily confined to Temple) is a component of St. Joseph’s enrollment challenges. I think we have previously discussed the near-collapse of the high school system of the archdiocese of Philadelphia, which I believe was the largest such system in the U.S., and therefore the world. One school, Cardinal Dougherty I believe, had 5,000 students. (I went on Wiki to check the 5,000 number, and found that another high school, Northeast Catholic, was also closed at the same time. Northeast Catholic had over 4,300 boys in 1948, enrollment at closing was 531. Wiki notes that Northeast Catholic had a particularly strong relationship with St. Joe's, Temple, and LaSalle.) I found an enrollment graph for Cardinal Dougherty, nearly 6,000 at peak in the mid 60's! When it closed in 2009, there were 119 freshmen enrolled. archphila.org/announcement/Dougherty_Enrollment_Chart.pdf |
|
|
|
Post by A Clock Tower Purple on Nov 6, 2020 10:14:12 GMT -5
Not unique to Phila at all. Similar situation in every city in the country - including Worc, where my Alma mater SJ is the only catholic school in Worc County that is doing well.
|
|
|
|
Post by Crucis#1 on Nov 6, 2020 10:56:06 GMT -5
Northeast Catholic was the Alma Mater of Tom Gilmore.
|
|
