Maybe Ted Danson could lend a hand in$tead:
"Becker College’s financial woes could make it the next school to close" by Deirdre Fernandes and Laura Krantz Globe Staff, March 2, 2021
Becker College, a small private college in Worcester known for its video game design program, is quickly running low on cash and may not be able to remain open much longer, state higher education regulators warned on Tuesday.
The 1,500-student college has been struggling for several years, but the pandemic has deepened its financial woes, like many tuition-dependent schools with small endowments and shrinking enrollments.
Last year, Becker received $3.31 million from the first round of the federal Paycheck Protection Program, according to the federal government. It also received $1.6 million from the CARES Act.
Do you CARE if the money was wa$ted on $tate bureaucracy and feather-ne$ting during the forced tran$ition of our world to their benefit and betterment?
Many students have taken a year off from school or been forced by family illness and economic turmoil to reconsider their college plans, further reducing enrollment. The pandemic has also forced institutions to spend significant sums to make their campuses safe.
“The higher education industry faces unprecedented disruption and colleges are going to close in the next three to five years and the closings are going to accelerate because of COVID,” Meehan said.
They won't be needed after the Great Cull.
Education will be the exclu$ive province of the ruling cla$$, with the vaxxeen-addled, brain-dead serf cla$$ kept stupid.
Like many small private colleges, Becker draws heavily from its region, with 83 percent of students hailing from New England. The school last year accepted 83 percent of its applicants. Its top three majors are interactive entertainment, nursing, and animal studies.
Becker’s endowment is a modest $4.4 million and has remained roughly that size over the past five years, according to the college’s most recent public financial statements in 2018. Without a sizable endowment to draw from, the college, like many of its counterparts, must rely on student tuition for nearly all its revenue, making unexpected changes in enrollment particularly disastrous. The financial statements illustrate that fragility, showing that the school’s expenses exceeded its revenue by roughly $250,000 in 2018.
The video game is over?
Tuition plus room and board at Becker is around $53,000 per year, according to the school’s website, although nearly all students receive some amount of financial aid. Roughly 35 percent of students qualify for Pell grants, federal aid reserved for the neediest students.
Despite its shaky finances, the school’s top officials have continued to earn typical salaries for the industry. In 2018, Crimmin was paid $355,000 plus a $36,000 housing allowance. The school’s executive vice president and chief financial officer, David Ellis, received $369,000. The institution employs 200 professors and 200 staff members.....
The ca$h cow of an indu$try will soon change, and how ironic that they were pouring Marxi$t philosophy down the kids throats.
{@@##$$%%^^&&}
They are tapping the wrong funders:
"Harvard to expand program on city leadership with $150 million from Bloomberg" by Andy Rosen Globe Staff, March 2, 2021
Harvard University will be home to a new center for training municipal leaders, an initiative funded by a $150 million gift from billionaire former New York City mayor Michael R. Bloomberg’s philanthropic organization.
Bloomberg Philanthropies on Tuesday announced the Bloomberg Center for Cities, which will build on a collaboration set up with Harvard in 2017 to train and support mayors and their staffs in how to manage cities effectively.
Harvard "training" leaders is nothing new, and looks like mayor Mike wants to be a mini $oro$.
The new effort “will strengthen the capabilities of mayors and their teams, advance effective organizational practices in city halls around the world, support a new generation of public servants as they encounter unprecedented challenges in the years to come, and produce new research and instructional materials that will help city leaders,” Bloomberg Philanthropies said in a news release.
Buying them off in service of the Great Re$et.
In a statement, the former 2020 presidential candidate — who made his fortune in business publishing and financial information before entering public life — said he believes city governments will play a huge role in shaping the future.
“The pandemic has driven home just how important mayors are to the everyday lives of billions of people,” Bloomberg said. “They are the most creative and effective problem-solvers in government — and that’s exactly the kind of leadership that the world urgently needs more.”
Bloomberg, who grew up in Medford and later attended Harvard Business School, initially gave $32 million to the university three years ago for a program that has provided training and support to 159 mayors and their 800 top advisors from 153 cities.
The new money will create a permanent endowment that will allow those efforts to expand and make sure they continue, the organization said.
While Becker and those like it close!
Noting that will earn you a detention, btw.
“The university is home to many people who are committed to serving the public and improving communities through deep expertise, useful knowledge, and wide-ranging research,” Harvard president Lawrence Bacow said in a statement. “The prospect of helping to bring about more effective leadership through collaboration and innovation is as exciting as it is inspiring.”
Harvard is one of a handful of Boston academic institutions that have created efforts to study local government with the help of big political names. Northeastern University, for example, has the Kitty and Michael Dukakis Center for Urban and Regional Policy, and this year hired former House speaker Robert A. DeLeo as a “University Fellow for Public Life.” Boston University’s Initiative on Cities was cofounded by former mayor Thomas M. Menino.
As if that wasn't enough, they were given an op-ed space to al$o pu$h the program.
Related:
Joseph Curtatone has overseen a city that has transformed into an enclave of progressive politics over nine terms, and he is now ready for the governorship(?).
He should have kept his day job -- or gone back to school:
"A new Somerville High School opens to a limited number of students" by Christine Mui Globe Correspondent, March 5, 2021
After nearly a decade of planning and three years of construction, a new Somerville High School opened to its first wave of students Thursday as part of the school district’s COVID-19 reopening plan.
New science labs, space for tech learning programs, a college-style lecture hall, and a rebuilt gymnasium are among the features of the $257 million project that remade the 19th century building on Highland Avenue into a shining new campus.
In 2016, Somerville voters approved the city’s first-ever Proposition 2 1/2 debt exclusion, a temporary tax increase to pay for the city’s share of one of the priciest school construction projects in state history.
The tax increase covered $130 million of the city’s $137 million share of the cost, and the city received $120 million from the Massachusetts School Building Authority to pay for the rest, according to past Globe articles.
The six-story building on Central Hill had been scheduled to open to all students this school year. But the pandemic upended that plan. Only younger and high-needs students were able to return to the school on Thursday, city officials said in a press release.
Somerville Mayor Joseph A. Curtatone called the limited opening “bittersweet,” but the pandemic has robbed us of that as it has robbed us of so much.”
The "pandemic" that never was didn't do that; it was done by pointy-headed political puppets like him!
School Superintendent Mary Skipper also acknowledged the district had envisioned a different opening celebration for the new school.
“Unfortunately, like so many things over the course of the last 12 months, COVID has necessitated a different approach,” Skipper said in the release.
She said they are looking into new ways high school students, especially the senior class, can access the new facility.
The school’s auditorium and cosmetology lab are anticipated to open later this spring. The athletic field is expected to be completed in spring 2022. Additionally, the building will serve as a gathering space for residents. Its lecture hall and auditorium can host community meetings or events for up to 850 people collectively, according to the release.
Is that really a good career choice?
“This is an incredible milestone for our entire community, one that we have all been anxiously awaiting,” School Committee Chairperson Andre Green said. “This project speaks to the commitment of the Somerville community to our kids and their future.”
Yeah, forget all about the sex abuse in the schools that students may have limited use of this year.
