Guilford: Quaker College On The Endangered List?
— Guilford is 274 above the lowest of the Forbes Financial Grades list. Does hovering 24 places above the bottom 250 mean it has a thin cushion? Or a frayed and disintegrating safety net?
— Guilford is, to repeat Moody’s, “tuition dependent,” and in many ways in a “weak market position,” with “limited pricing power.”
— If the school doesn’t find at least 200 more full-time students to increase tuition income, can it absorb another round (or two) of staff cuts without spinning into the “death spiral”? (The projection for enrollment next year? Flat.)
— Its plight is very similar to that of scores of other small liberal arts colleges, all of whom face “increased competition from cheaper public higher education . . . .”