College Viability, LLC

When I started College Viability, LLC in 2019, I had no idea that the product would be an app. My first product was an actual college financial statement that I typed my comments on in my Adobe Acrobat software. Really ugly. To paraphrase the old cigarette commercial: "we have come a long way, baby". The 2024 versions of the Private College Viablity apps include special versions for college leaders, one for faculty and staff, and one for students and their families. Learn more details about the versions of the 20204 Private College Viability app at the link below. https://lnkd.in/g9Wq4_Pm #collegeviability #cvapp #collegeclosures #willmycollegeclose #collegefinances #collegeadmissions

The College Financial Health Show with Matt Hendricks & Gary Stocker for October 15, 2024 This week we look at the financial health and viability of: Haverford College (PA) (at 2:10) Drake University ( IA) (at 16:00) Bethel University (MN) (at 26:20) Haverford is a role model college for financial health. Drake and Bethel have different issues associated with net tuition revenue, applications and more that we address to help point them in the right direction. Join Matt and Gary as they show you the data and offer their analysis and recommendations. Next week, Matt and Gary go (virtually) to Pennsylvania to look at LaSalle University Alleghaney College Albright College https://lnkd.in/gqf83wdT The EdUp Experience Matthew D. Hendricks Perspective Data Science @Ashley Kern Rebeka Mazzone, CPA, CGMA Haverford College Drake University Bethel University John Amato Sue Mattison Nate Reagen Wendy Raymond Jesse Lytle Nico Washington, MBA Perry Moulds, Ph.D. Jeanne Osgood Paul McGinnis

This week's news and commentary: + Cutbacks at Drexel and SLU + Fitch Ratings: Pressure Mounts for U.S. Colleges As Students Head Back to School + Wittenberg University's embarrasing letter to its bond holders + Martin Center: Universities Are Doing Education Badly + How much college content is just repeated high school content? I watched some 40- 50,000 people run in the Chicago Marathon yesterday. It was a spectacle of humanity to see so many people invest so much into a challenging endeavor like running 26.2 miles Watching some 50,000 people pass you in a matter of about 90 minutes, is a lot of humankind. As I was watching those tens of thousands of souls, it was easy to make the connection to a higher education number. 40,000 is about the same number of college students impacted by college closures over the past few years.   Countless times as my family traversed the marathon route in Chicago supporting a loved one, I saw the excitement of people recognizing their loved ones running with screams of joy. As I reflected on those encounters, I couldn’t help but think about how many closed colleges are taking away that same joyous scream from thousands of their students and families So for those who write off small percentage of college closures as not a big deal, no impact on the overall market, - you are missing the human point. These are thousands of hopes and dreams being shredded by colleges that should not be in the business of higher education. Grab a seat at the CHI, BOS, NY or even other marathons. Watch some thousands or more human beings pass you as they engage in that challenge of challenges. https://lnkd.in/gv9DmY27

Join Matthew D. Hendricks and me LIVE at 11:30 ET / 10:30 CT for 'The College Financial Health Show' This week we review the financial health and viability of Drake University Haverford College Bethel University (MN) https://lnkd.in/gE2hRJ_n

Join Matthew D. Hendricks and me LIVE at 11:30 ET / 10:30 CT for 'The College Financial Health Show' This week we review the financial health and viability of Drake University Haverford College Bethel University (MN) https://lnkd.in/gE2hRJ_n

As we head toward the season of more college closures, I wanted to re-post an interview I did in 2023 with Jonathan Nichols. Mr. Nichols wrote the book: 'Requiem for a College'. It was an intimate, emotional, and thorough story of all that led up to the 2017 closure of St. Joseph's College (IN) Faculty, staff, and community leaders will find value in comparing the events from St. Joseph's with what may be happening on their college campus. https://lnkd.in/g2QFFyur The EdUp Experience

This week we look at the financial health and viability of 4 Iowa private colleges. Briar Cliff University Clarke University Graceland University Upper Iowa University Graceland and Upper Iowa are in dire financial straights. Join Matt and Gary as they show you the data and offer their analyisis and recommendations. Both are not in compliance with their bond holders (one is private and the other public). Financial trends are negative and we believe not sustainable. https://lnkd.in/gFM_s-FZ The EdUp Experience Matthew D. Hendricks Perspective Data Science Ashley Kern Rebeka Mazzone, CPA, CGMA Higher Learning Commission Middle States Commission on Higher Education NEW ENGLAND COMMISSION OF HIGHER EDUCATION INC Northwest Commission on Colleges and Universities Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) WASC Senior College and University Commission

This is the time of the year when Title IV funds are arriving at colleges throughout the country. It is also the time that many CFO's will take that check to the president of their college. In many cases, the message will be: 'this is not enough'. Cutbacks, layoffs, and closure announcements will soon become as common as college football on Saturday afternoon. This week’s top news and commentary: + Yet another college sees football as enrollment salvation + Standard and Poors: College competition and operational pain are the ‘new normal,’  + You Can Now Get Admitted to Hundreds of Colleges Without Even Applying + You get what you pay for. Free community college in Massachusetts expected to draw 45,000 students within a year + Those stories and more on the Oct 7 'This Week in College Viability'. https://lnkd.in/gv9DmY27 These are the organizations or individuals referenced in this week's podcast. The EdUp Experience Matthew D. Hendricks Perspective Data Science Ashley Kern Rebeka Mazzone, CPA, CGMA Ashley Stalnecker Brooklyn Draisey St. Ambrose University Mount Mercy University Northwestern College Dordt University Buena Vista University Simpson College Standard & Poor's Financial Services LLC Ben Unglesbee Joanna Nesbit Cleveland State University Laura Bloomberg, PhD Neal J. Riley WBZ | CBS Boston

Join us this time tomorrow (10:30 a.m. central) for 'The College Financial Health Show. https://lnkd.in/gBEah6VS @Matt Hendricks and @Gary Stocker will review the financial health and viability of 4 Iowa private colleges. This is a viewer-request week show. We will look at: Briar Cliff University Clarke University Graceland University Upper Iowa University Teasers: Only 1 of these 4 has an annual graduation rate average over 50% Only 1 of these had an increase (really small) in tuition and fee revenue over the past 8 reported years. Viewers will be able to submit questions and comments LIVE during the show.

This week we turn our program completion comparisons to graduate and undergraduate health care programs for midwestern private colleges. For college leaders, these comparisons will provide data-driven comparisons you can use to better position your organization for strategic growth, cutbacks, and partnerships. As a student or parent, program completion comparisons enable you to make sure the college(s) programs and majors you are considering have enough completion values to have a low risk of being cut. https://lnkd.in/gDiX5fqu