"A remarkable turnaround at Regis College; Once on the verge of closing, the Weston college has now launched a $75 million campus upgrade" by Steve Maas Globe Correspondent April 26, 2015
Antoinette M. Hays, president of Regis College, has used [her] entrepreneurial pedigree to help transform the Weston campus from a struggling all-women’s Catholic college into a coed university with a global footprint and aspirations to be a national leader in health care education. A little more than a decade ago, Regis appeared on the verge of closing after years of losing students and money; now, the school is in the first stages of a $75 million expansion and upgrade of its facilities.
As Regis holds its 85th commencement next week, it can celebrate a remarkable turnaround — the product of vision, innovation, agility, and smart financial management.
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Jeff Denneen, head of the higher education practice at the Boston consultancy Bain & Co., said Regis has positioned itself to prosper by squeezing costs even as it has grown. The college made hard choices, slashing payroll by 30 percent and eliminating several majors. But....
Other than that, it's all good!
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How excited one must be to learn they will be a feature in the Bo$ton Sunday Globe bu$ine$$ $ection, huh?
Lot of new recruits coming up:
"St. Columbkille school rebounds with help from Boston College" by Katherine Landergan Globe Correspondent April 27, 2015
The past several years have seen many Catholic schools close around the country amid lingering effects of the recession, a drop-off in the number of nuns as teachers, and the fallout from the clergy sexual abuse crisis. After years of sharp decline, however, enrollment in Boston-area Catholic schools is leveling off.
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John Eriksen, cofounder of the Drexel Fund, a not-for-profit organization based in Illinois that is dedicated to giving more students access to faith-based and private schools, said he is unsure whether this model is a widespread solution to challenges facing Catholic schools. Unlike BC, few Catholic colleges will have the financial resources to help run schools, he said, and Catholic middle schools will have difficulty competing with free charter schools, exam schools, or Catholic high schools that are extending into these grades.
“I’m not sure that in and of itself it’s going to stem the tide of school closures,” Eriksen said.
But Head of School William Gartside and others at St. Columbkille are undeterred. Gartside said colleges benefit from having a laboratory to develop the best teaching practices.
The school, which was founded in 1901 to serve the Irish and Italian immigrant populations, continues to build upon its mission.
“Fast-forward to today, this school is primarily a school that serves immigrants,” he said. “It’s just the faces and the colors have changed.”
At St. Columbkille, 56 percent of students are white; 17 percent Hispanic or Latino; 11 percent black; and 9 percent Asian.
Tuition is $5,400 for kindergarten through eighth grade, and school officials say it costs about $2,500 more to educate each child. Forty percent of students receive financial aid.
Gartside said his goal is for urban students to have the same high level of education and care as those in the suburbs.
“We can only service 500 children,” Gartside said of St. Columbkille. “We want thousands of children to have this opportunity.”
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Weird name for a school, combining Columbine and killing. I didn't even know there was such a saint. Some Catholic I am, thank God.
Also see:
State receivership recommended for schools
State education chief backs receivership for Holyoke schools
Holyoke schools have the best chance if the state takes over
I cut that class. Sorry. Globe knows best, of course.
Sorry I missed this earlier:
"Corinthian Colleges Inc. has shut down its remaining 28 for-profit career schools, ending classes for about 16,000 students — the biggest collapse in US higher education. All campuses will be closed effective Monday, Corinthian said Sunday. The company, which owns the Everest, Heald, and WyoTech schools, said it will work with other colleges to try to place the students. Corinthian collapsed last summer after the US Education Department curtailed its access to federal student aid. The Santa Ana, Calif., company agreed to sell half of its 107 campuses to Education Credit Management Corp. in November amid allegations it falsified grades, attendance, and job-placement rates. Corinthian was ordered April 17 to stop enrolling students in California, where most of the schools are. It was also fined $30 million for misrepresenting job-placement rates to attract students to Heald business schools. Efforts to sell Heald were unsuccessful, the company said Sunday. Corinthian’s California schools were not part of the sale to Education Management because the state’s attorney general refused to sign off, preferring to seek restitution for students. Last week, the Education Department said it will consider forgiving federal loans for students who can show they were defrauded by Corinthian. The company has been under investigation in 20 states, was sued by the Consumer Financial Protection Bureau, and is facing three federal criminal probes. The schools had 72,000 students last summer, and Corinthian got $1.4 billion in federal student aid in 2013 alone."
Don't let that destroy the fantasy though.
UPDATES:
For-profit school’s students get relief
Wakefield superintendent picked as Holyoke schools’ administrator
