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Charter Oak struggles as well, not just Excelsior
#14
Last year I read all three of the Big 3 annual financial reports over a few years.  What I read was this.

COSC a small college has always been dependent on tax money and is not making a profit.  It will remain a CT state-dependent college.

TESU was the most diverse.  TESU could be a non-profit.  It makes 16% annual profit above its tiny money from NJ taxes (1-3%) of revenue.  TESU does not need tax money. Non-profit does not mean no-profit.  TESU does every year.  A good position I think. Wink   The best position of the Big 3 as of 2018.

Excelsior College became too dependent on the nursing program (50%).  Think the "Walmart effect."  Most of their model was working except getting too dependent on one area.  They were making record profits.  Excelsior was growing too fast with over 160,000 alumni+.  They were making money or were breaking on the 40% military and 10% others.  It will help even more as they streamline all the majors.  My Homeland Security and Emergency Management (HSEM) degree had to have a concentration from 4-5 listed (crazy) and I will not list mine.  The name is already long as a degree and it says enough.  They just got rid of this issue to streamline the degree last month.  They need to get back to its roots (a true assessment college) and use the KISS principle (which they do seem to be slowly applying).
Non-Traditional Undergraduate College Credits (634 SH): *FTCC Noncourse Credits (156 SH) *DSST (78 SH) *CPL (64 SH) *JST Military/ACE (48 SH) *CBA (44 SH) *CLEP (42 SH) *FEMA IS (40 SH) *FEMA EM (38 SH) *ECE/UExcel (30 SH) *PLA Portfolio (28 SH) *EMI/ACE (19 SH) *TEEX/ACE (16 SH) *CWE (11 SH) *NFA/ACE (10 SH) *Kaplan/ACE (3 SH) *CPC (2 SH) *AICP/ACE (2 SH) *Sophia/ACE (2 SH) and *FRTI-UM/ACE (1 SH).
Non-Traditional Graduate College Credits (14 SH): AMU (6 SH); NFHS (5 SH); and JSU (3 SH).
 







Messages In This Thread
RE: Charter Oak struggles as well, not just Excelsior - by Life Long Learning - 06-17-2018, 09:08 PM

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