emu steve
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O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
(This post was last modified: 08-09-2017 11:07 AM by emu steve.)
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08-09-2017 11:06 AM |
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JonesGoddard
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
Wow. And so the bubble begins to burst...
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08-09-2017 02:08 PM |
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emu steve
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
(08-09-2017 02:08 PM)JonesGoddard Wrote: Wow. And so the bubble begins to burst...
Yes.
Marygrove's case is simple to unpack:
Marygrove was a women's Catholic liberal arts college which met that specific need decades ago. Now, Marygrove, as a co-ed Catholic college, is probably indistinguishable from Detroit-Mercy. (I forget but wasn't Mercy also an all women's college?).
Anyway, being a Catholic liberal arts college 'down the road' from Detroit-Mercy is very duplicative.
Seems they would be the weaker and most likely to have to adapt to survive.
As far as sports, I assume Marygrove will have to drop all of the inter-collegiate sports (how does one have them without undergraduate school????).
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08-09-2017 02:26 PM |
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EagleTough
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
(08-09-2017 02:08 PM)JonesGoddard Wrote: Wow. And so the bubble begins to burst...
Yep. Wait for the faux outrage......it's soon to follow, haha.
Too many overpriced, worthless degrees being churned out by too many schools, with a 1.4 TRIiiiiilllllllLLION dollar assist from the Federal student loan bubble.
"In an eerie echo of the housing crisis, debt is already flowing out of the private sector, and into the public. Before 2007, most student loans were underwritten by banks or other private sector financial institutions. Today, 90 per cent of new loans originate with the Department of Education. Socialisation of risk continues to be the way America deals with its debt bubbles."
(This post was last modified: 08-09-2017 10:23 PM by EagleTough.)
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08-09-2017 10:20 PM |
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emu steve
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
What is happening is that students have essentially incurred the cost (debt) of a car and down payment on a house and all they have to show for it is a degree (maybe).
I've been on Planet Earth long enough to remember when a college education was dirt cheap and health care expenses (because medical care was much more limited decades ago) wasn't a back breaker like it is today.
Now college education, maybe an uncovered medical expense, college costs, etc. can cost either the student or parents back big, big bucks and unless someone's surname is Romney, etc. it isn't going to be easy.
(This post was last modified: 08-10-2017 05:06 AM by emu steve.)
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08-10-2017 05:03 AM |
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KPJ
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
Marygrove has a beautiful campus.
The other piece of this conversation is that the Livernois corridor through that area is the next "hot area" for development in Detroit.
You see the way that "Midtown" has bounced back? That area will be next.
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08-10-2017 06:58 AM |
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emu steve
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
(08-10-2017 06:58 AM)KPJ Wrote: Marygrove has a beautiful campus.
The other piece of this conversation is that the Livernois corridor through that area is the next "hot area" for development in Detroit.
You see the way that "Midtown" has bounced back? That area will be next.
I'm curious if in time Marygrove will be a 'satellite' campus of Detroit-Mercy???
I doubt the college is sustainable as a graduate school, only.
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08-10-2017 07:01 AM |
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TheWoodenNickle
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RE: O/T: (maybe) Marygrove closes for undergraduate studies after fall semester
Madonna a very similar school. Small Catholic liberal arts school. Wonder what this means to them.
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08-10-2017 07:49 AM |
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