Cardinal Stritch Closing

[mu_hilltopper]

The Cardinal Stritch property .. will be snapped up by developers, not MU.

[The Sultan]

The Cardinal Stritch property .. will be snapped up by developers, not MU.

And will likely benefit the Sisters of St. Francis of Assisi who sponsor Stritch and is shrinking and aging like most of these orders.

[Uncle Rico]

The Cardinal Stritch property .. will be snapped up by developers, not MU.

Marquette could build a state of the art football facility there

[mu_hilltopper]

Marquette could build a state of the art football facility there

[The Sultan]

Between the hot job market, the poor demographics, and a "simplified" FAFSA rollout that has been an outright disaster, I think there are going to be a bunch of schools in Wisconsin that are going to be heavily considering closure in the coming months.

Northland is just stringing people along at this point. And I have heard rumors about four additional private colleges in Wisconsin that lead me to believe that it's just a matter of time.

Anyway, Marquette apparently hit its tuition deposit target last week. It's restructure to focus on certain majors and programs has been handled very well.

[Herman Cain]

Between the hot job market, the poor demographics, and a "simplified" FAFSA rollout that has been an outright disaster, I think there are going to be a bunch of schools in Wisconsin that are going to be heavily considering closure in the coming months.

Northland is just stringing people along at this point. And I have heard rumors about four additional private colleges in Wisconsin that lead me to believe that it's just a matter of time.

Anyway, Marquette apparently hit its tuition deposit target last week. It's restructure to focus on certain majors and programs has been handled very well.

Worked out well for all parties.

https://www.wpr.org/education/cardinal-stritch-campus-sold-ramirez-family-foundation#:~:text=A%20foundation%20that%20supports%20a,University%20campus%20for%20%2424%20million.

[The Sultan]

Worked out well for all parties.

https://www.wpr.org/education/cardinal-stritch-campus-sold-ramirez-family-foundation#:~:text=A%20foundation%20that%20supports%20a,University%20campus%20for%20%2424%20million.

Exactly. Closing isn't the end of the world.

[TAMU, Knower of Ball]

Are you going to need to dust off the old resume Sultan?

[The Sultan]

Are you going to need to dust off the old resume Sultan?

Nope. I'm good.

[HouWarrior]

Are you going to need to dust off the old resume Sultan?

Actually, as likely only our area news covered this ....is your job/future ok with the job layoffs at TAMU

[TAMU, Knower of Ball]

Actually, as likely only our area news covered this ....is your job/future ok with the job layoffs at TAMU

Oh I'm fine.  There were less than 20 people laid off. We have around 30K employees.  Tiny blip in the grand scheme

[mu_hilltopper]

A tangential issue .. As posted above, Cardinal Stritch's property was sold and is the future home of St. Augustine Prep (north) .. a K-12 private school. 

They are investing $100m into razing most of the campus, and rebuilding a new school.  One would assume the campus will be amazing, with new classrooms, labs, lunch rooms, gyms, fields. 

As their south campus is part of the Milwaukee Choice/voucher program, the north campus will certainly be primarily voucher students as well, which accepts families under 220% of the poverty level, around $50-80k depending on family size.

Naturally, those students come from some other districts, reducing their enrollments.   This probably isn't an issue for Bayside, Fox Point, WFB.   But .. I think Glendale is going to be in serious trouble.  Hundreds will opt to send their kids to a gorgeous new private voucher school right in their own city.   Glendale only has ~950 students, so any losses will be painful.

(Obviously Milwaukee too, but that's not a new issue for them.)

Adding to Glendale's pain is their current financial catastrophe.

https://wtmj.com/news/2024/03/22/13-staff-positions-being-eliminated-to-save-glendale-river-hills-school-district-1-million/

[The Sultan]

Northland is just stringing people along at this point. And I have heard rumors about four additional private colleges in Wisconsin that lead me to believe that it's just a matter of time.

Northland announced their closure at the end of the academic year. Should have done this last year, but after wasting a bunch of student and donor money on something that was never going to work, the inevitable happened.

[Shaka Shart]

Northland announced their closure at the end of the academic year. Should have done this last year, but after wasting a bunch of student and donor money on something that was never going to work, the inevitable happened.

The shores of Lake Superior have to be more inviting than the mean streets of Marquette's campus. Maybe Mequon is just a pit stop on our way to relocating there.

[tower912]

It'll be trickier to fill an 18k seat arena there.

[BrewCity83]

Maybe...but there will be fewer (or no) alternatives for the locals' entertainment dollars than there are in Milwaukee. 

[The Sultan]

The locals...all 8,000 of them.

[forgetful]

Northland announced their closure at the end of the academic year. Should have done this last year, but after wasting a bunch of student and donor money on something that was never going to work, the inevitable happened.

Never heard of Northland College or knew anyone that went there. Shocked it couldn't stay open in this changing and challenging climate.

[The Sultan]

Never heard of Northland College or knew anyone that went there. Shocked it couldn't stay open in this changing and challenging climate.

I knew a couple of alums who loved it. Kind of a quirky place but full of challenges given its location and dinky endowment.

[Billy Hoyle]

Never heard of Northland College or knew anyone that went there. Shocked it couldn't stay open in this changing and challenging climate.

Same here. Sounds similar to Finlandia University in the UP which closed two years ago. Enrollment around 400, they started football to increase enrollment but ran out of money.