Financially Fragile

“I don’t know that there’s a lot of rosiness on the horizon"


NOVEMBER 14, 2024 | written by STEVE ULRICH

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1. Financially Fragile

Rosemont College

by Susan Snyder and Harold Brubaker, Philadelphia Inquirer

Lucia Madron hadn’t planned to attend her mother’s alma mater, but now as a freshman at Rosemont College, she can’t imagine having gone anywhere else.

But the 774-student private college’s small size, along with its dependency on tuition and its location in a college-saturated market, is also what threatens it. Rosemont reported operating losses for five straight years through June 2023, and since 2020 has borrowed millions from its restricted endowment to meet operating expenses.

Not only do these largely tuition-dependent institutions face a shrinking number of high school students like other colleges across the country, but they do so with the smallest endowments in the region alongside dozens of other schools elbowing their way to enroll the same regional population.”

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