The World of Higher Education Podcast Listen now →

The World of Higher Education Podcast Listen now →

Category: Universities

Laurentian Blues (4) – Who is Next?

Note: since the publication of this post, Concordia University and St. Thomas University have provided responses disagreeing with the assessment of this post. Click the university names above to read their respective positions. So, the mixed metaphor I keep hearing is that Laurentian is the canary in the coal mine, and there must be other dominoes ready to fall.  And people seem to assume I know who is next.  In fact, my priors are that there are probably not any

Read More »
February 9, 2021 3 Comments

Laurentian Blues (3) – Hillary Redux

OK, before I get to the actual blog here, some updates on Laurentian: 1)      On Friday, Laurentian published its list of creditors.  It listed $184 million in potential debts, plus a couple of hundred small suppliers with amounts listed as “TBD”.  This is presumably the origin of the comment last Monday from an un-named source indicating they opened the books and instead of $100 m in debt it’s closer to $200 m.  But this is somewhat misleading: about $52m is for various

Read More »
February 8, 2021 5 Comments

Laurentian Blues (2)

I want to go into more detail on Laurentian, digging into finances, and correcting one or two things I got wrong yesterday. An unfortunate amount of time is going to be spent dragging Laurentian for bad data practices, but that can’t be helped. Let’s go back to this graph I showed yesterday. With a little bit more digging, I see that Laurentian claims that there were about $8 million in outstanding deficits prior to 2012-13, and that they are claiming

Read More »
February 4, 2021 12 Comments

Laurentian Blues (1)

Laurentian University will run out of cash at the end of February.  That’s the most important – but far from only – take-away of the Monitor’s Report filed Monday in an Ontario court as Laurentian University filed for creditor protection. People are throwing around words like “unprecedented” to describe what is happening at Laurentian.  I’m always careful about that because before WWII a lot of wild things happened in Canadian universities (the Honorary Bursar making off with the entire University

Read More »
February 3, 2021 19 Comments

Some Surprising Applications Data

Canada, as I think everyone is, on the whole, in the main, crap at educational data.  When it comes to getting up-to-the-minute data on things like enrolments and applications, we’re mostly hopeless, because everyone does their own thing and nobody bothers to make their data public or comparable until Statscan comes along 28 or months or so after the fact.  There are only two major exceptions to this: the Atlantic Association of Universities, which puts out a super-speedy enrolment check

Read More »
January 27, 2021 7 Comments

One Thought to Start Your Day

One Thought to Start Your Day is our founder and CEO Alex Usher’s popular daily blog, brimming with up-to-the-minute insights and informed opinions on today’s higher education industry.

Subscribe

Search Posts

Search Publications

Social Media

Linkedin Youtube Spotify

Recent Posts

More thoughts on...