Top 10 University Turnaround Successes of All Time

Published by admin on January 22, 2011

Sometimes universities go through tough times, either academically or financially. But, with persistence and the right leadership, these troubles can be turned around. Here are ten schools that turned around – and in a big way.

  1. Oglethorpe University – Atlanta, GA: Oglethorpe was close to losing its academic accreditation in 2007, but had turned the bad to good by 2009 at the end of their academic review. In fact, by the end of the review period, enrollment was at an all time high.
  2. Chancellor University (formerly Myers University): Myers University in Cleveland, Ohio was facing bankruptcy just a few years ago. After being bought out by Chancellor University Systems, including a $2 million influx of cash from former GE CEO Jack Welch, the school is turning around. It has already been removed from probationary status. The university’s business school is now named for Welch, and he was actively involved in staffing and creating the school.
  3. Grand Canyon University: Grand Canyon was a non-profit Christian school that was struggling financially before Bridgepoint systems took them over in 1993. Now the school is doing well financially, and is one of the leading universities in the country for online degrees. Grand Canyon is one of several examples of financially failing religious schools that were turned around, in part by becoming “for profit” schools, and, in part by concentrating in offering online degrees.
  4. Ashford University: Ashford, in Clinton, Iowa is another example of Bridgepoint Education’s abilities to turn a religious school around. Once in financial ruin, the school is now a successful, for profit school specializing in online degrees.
  5. University of the Rockies: Bridgepoint Education has also turned around University of the Rockies, transforming it into one of the most successful colleges specializing in online degrees.
  6. Thames Valley University, London: Thames Valley was also facing bankruptcy. But, its recent merger with Reading University has helped turn the college around financially. Money is still tight, but the school is definitely making a comeback.
  7. Harvard: Back in 2009, even Harvard was suffering financially. Essentially, Harvard had an endowment fund that was pretty severely mismanaged. And though times are leaner at the Ivy League School than in years past, they’ve made a pretty significant turnaround in the last year and a half.
  8. Regis College, Boston: Regis was a women’s college in Boston that had financial woes, and faced declining enrollment and buildings in need of repair. By making strategic budget cuts, and beginning to admit male students, they turned their crisis around. Regis’ President declared a “financial state of emergency” and turned around bad spending practices.
  9. Florida A&M: Florida A&M presented a serious challenge to their new President when he arrived. James Ammons took over his alma mater while the university was on probation and facing loss of accreditation. A review of the school’s finances also showed that there were many accounting irregularities. Lawmakers were even calling for a criminal investigation. But, by building a collaborative transition team, Florida A&M has made significant strides toward recovery. They regained full accreditation just over a year after Ammons took over.
  10. Tuskegee University: Tuskegee University in Alabama, one of America’s longest standing and most successful black colleges lost accreditation for its architecture program, one of the school’s largest and most successful programs, in 2006. The problems that caused the loss of accreditation were a combination of a shortage of physical resources, financial resources and because the program was spread out among several locations. One of the firs steps the school took toward repairing their problems was consolidating the architecture program to one location. By 2009, they had regained the accreditation for the program.

The economy of the past few years has been hard on many types of businesses, but probably none more so that educational institutions. Lack of donations and government endowment cuts, along with more students needing financial aid, has really taken a toll on the higher education industry. But, as these examples illustrate, with the right leaders, and the right financial and business changes, universities can overcome the obstacles their facing to bounce back to being thriving institutions.

Top 50 College Admissions Blogs

Published by admin on November 29, 2010

Many students are serious about getting into college and learning more about what they need to do to improve an education. Whether you are looking to get into an undergraduate institution, or whether you are looking for a Master’s degree or higher, it can be useful to have a little help and insight about the process.

You want to make sure that you are getting the best value for your degree, and you want to make sure that you can get into the school and program that you prefer. You can accomplish this with a little advice from people who have been there before. There are a number of college admissions blogs that can help you learn more about the process — and help you get into the school you are looking for. Here are 50 college admissions blogs that can be of great help to you: [click to continue…]