|
Post by explorer88 on Aug 21, 2015 12:13:16 GMT -5
Heard yesterday on the news La Salle was cutting $12 million from the budget which includes 23 lay-offs. Sad to hear people lose their jobs but I like the approach Dr.Hanycz explains in her letter. La Salle needs to think and act differently in certain areas in today's education landscape. I am not on campus other than games so I only have an outsiders view but I have been very impressed with the new President. Budget News
|
|
|
Post by lasallescreamer on Aug 21, 2015 13:23:12 GMT -5
Nothing said as to the type of job cut, what that salary was and how long an employee was w LSU.The Pres needs to do her job, but there is no transparency here.Is that info out there?
|
|
MisterD
The Baptist Himself
Voted Most Popular Poster 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2022, 2023
Posts: 8,392
Likes: 6,325
|
Post by MisterD on Aug 21, 2015 13:30:05 GMT -5
Respecting the privacy for those laid off should trump our desire to see a list, no? It'll all come out eventually, I'm sure.
|
|
|
Post by luhoopsfan on Aug 21, 2015 13:30:43 GMT -5
I like that we can't keep the status quo, just hope that doesn't mean we start thinking too small time
|
|
|
Post by jellybean on Aug 21, 2015 13:32:58 GMT -5
Unfortunately this is what a lot of private and I might add public institutions are going through. University of Akron had a $60 million budget shortfall. One of the cuts was Baseball. I can't imagine that saved them more than maybe a couple hundred thousand.
On a side note, I now know it's okay to call the President by her first name Colleen.
|
|
|
Post by stlexplorer on Aug 21, 2015 21:51:06 GMT -5
I do like the new president coming out and writing this not ignoring it to keep it quiet. So far she's shown to be a leader and has us on the right path it seems.
|
|
|
Post by 23won on Aug 21, 2015 23:26:48 GMT -5
Do you really think the new Prez is driving the bus on this? One month on the job with no financial background ?
|
|
big5vet
Utility Bench Player
Posts: 176
Likes: 38
|
Post by big5vet on Aug 22, 2015 2:01:24 GMT -5
Do you really think the new Prez is driving the bus on this? One month on the job with no financial background ? Your point is valid concerning background and timing. It would not be difficult to imagine that Steve Zarrilli played a key role because of his tenure and financial expertise. As the new president, I hope that Coleen was in the loop and had the chance to provide input. I believe Steve and Coleen have the leadership and skill to become a dynamic tandem and as the new face of the University, it seems appropriate the she was the person to issue this statement. On a related note, I'm guessing Coleen's letter was sent to the faculty and administration. In the past Bill Sauter regularly sent email to alumni updating the group on the presidential search. It will be interesting to observe how or if this message is disseminated to the broader La Salle community.
|
|
|
Post by gymrat67 on Aug 22, 2015 10:47:27 GMT -5
|
|
|
Post by a10champion15 on Aug 22, 2015 11:37:39 GMT -5
Expect more over the next year to be gone as well. Loyalty can kill any entity. It is important la Salle reorganizes its structure.
To think she wasn't aware of la salle's issues and hasn't been heavily involved since her hiring a year ago is kind of odd. You all have been made aware before of what her strategy going to be but to reiterate it going to be pretty bold and drastic. Whether she led it or not is irrelevant. End of the day it's her decision and you know she has plenty of help. Frankly it's none of our business. I always said the staff was too large for this school especially in the administrative department where a significant amount of the layoffs were.
Very wise move on her part to not only eliminate positions that weren't playing a significant role at the school but to save the school money. Enrollment is only ever so slightly down. I said it before but a lot of the revenue shortfall resulted from housing issues.
So many schools are doing this. La Salle is not alone whatsoever and the situation while explorerman will attempt to tell you is not nearly as dire as he or anyone else might try to portray.
|
|
|
Post by gymrat67 on Aug 22, 2015 12:36:11 GMT -5
Enrollment is only ever so slightly down. I said it before but a lot of the revenue shortfall resulted from housing issues. Rumor has it that the Fall, 2015 ( Class of 2019 ) Freshman enrollment target number was undersubscribed by something like 75 students. [ Do the math: $55,000.+ X 4 X 75 ]. La Salle, like many colleges and universities of comparable size, is largely dependent on semi-annual tuition payments to meet payroll and current expenses.
|
|
|
Post by jellybean on Aug 22, 2015 13:16:17 GMT -5
Enrollment is only ever so slightly down. I said it before but a lot of the revenue shortfall resulted from housing issues. Rumor has it that the Fall, 2015 ( Class of 2019 ) Freshman enrollment target number was undersubscribed by something like 75 students. [ Do the math: $55,000.+ X 4 X 75 ]. La Salle, like many colleges and universities of comparable size, is largely dependent on semi-annual tuition payments to meet payroll and current expenses. Exactly what Fitch said in their valuation of the bond rating for each of the last two years.
|
|
|
Post by Deleted on Aug 22, 2015 18:24:00 GMT -5
Very wise move on her part to not only eliminate positions that weren't playing a significant role at the school I know of at least a couple positions that were eliminated that WERE playing a significant role at the school and I'm sure there are at least a handful more that I'm not aware of.
|
|
|
Post by jellybean on Aug 23, 2015 8:46:43 GMT -5
Very wise move on her part to not only eliminate positions that weren't playing a significant role at the school I know of at least a couple positions that were eliminated that WERE playing a significant role at the school and I'm sure there are at least a handful more that I'm not aware of. Thank you kjmac12. I was extremely upset about those remarks and posted something. I later deleted them. Yes the two names I heard did nothing but HELP students. Not the types to just collect a check. La Salle people through and though. I wish them nothing but the best and hope things work out for them and the others.
|
|
|
Post by jimmywhispers on Aug 23, 2015 9:20:17 GMT -5
Respecting the privacy for those laid off should trump our desire to see a list, no? It'll all come out eventually, I'm sure. Stop with the Political Stuff
|
|
MisterD
The Baptist Himself
Voted Most Popular Poster 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2022, 2023
Posts: 8,392
Likes: 6,325
|
Post by MisterD on Aug 23, 2015 11:33:01 GMT -5
Yes. Very Political to expect Privacy for Human Employees of La Salle. Great Point.
|
|
|
Post by jimmywhispers on Aug 23, 2015 12:15:06 GMT -5
Yes. Very Political to expect Privacy for Human Employees of La Salle. Great Point. No I thought you were putting a plug in for The Donald
|
|
MisterD
The Baptist Himself
Voted Most Popular Poster 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2022, 2023
Posts: 8,392
Likes: 6,325
|
Post by MisterD on Aug 23, 2015 18:16:35 GMT -5
I was definitely Not.
|
|
|
Post by explorerman on Aug 23, 2015 20:19:23 GMT -5
Respecting the privacy for those laid off should trump our desire to see a list, no? It'll all come out eventually, I'm sure. This
|
|
|
Post by a10champion15 on Aug 24, 2015 8:32:01 GMT -5
I didn't mean that the staff laid off were insignificant. I apologize if it came off that way. Many of them made a huge impact to the school and left their mark on La Salle. I wasn't happy to hear about two people specifically that were laid off but it is what it is.
It comes a time where a school needs to make a decision on what roles can be absorbed but others and what the best option is. It is ashame it came to having to lay off staff but the dynamic of La Salle is changing and tough decisions need to be made.
|
|
|
Post by coachd on Aug 25, 2015 15:55:04 GMT -5
Did Colleen at least cut Dr. Denim's pay in half?
|
|
|
Post by belfieldhappyhour on Aug 25, 2015 18:20:14 GMT -5
|
|
|
Post by gymrat67 on Aug 25, 2015 18:58:48 GMT -5
Note that the Phila. Inquirer article states that La Salle's Fall, 2015 Freshman enrollment target number was missed by 135 students ( compared to last year's Freshman class ).
|
|
|
Post by explorer88 on Aug 25, 2015 19:11:15 GMT -5
Very disturbing stuff in that article that concerns me. Never was a fan of how La Salle was run. This stuff only confirms my perception.
I do hope the change at the top yields benefits.
|
|
|
Post by JoeFedorowicz on Aug 25, 2015 19:32:43 GMT -5
Very disturbing stuff in that article that concerns me. Never was a fan of how La Salle was run. This stuff only confirms my perception. I do hope the change at the top yields benefits. Yeah it sucks to see people lose their jobs, but La Salle was never on the efficient side of the efficiency scale. Maybe the tides are turning.
|
|
|
Post by SICguy84 on Aug 25, 2015 19:44:12 GMT -5
Very disturbing and painful to see splashed in the paper and on philly.com
Full disclosure when the job was offered to the new President?
Further confirms my belief that Sautter should have resigned chairmanship five years ago.
The gentleman mentioned in the article in the PR department is a consummate profession and worked very well with Phila. media outlets.
Loonardi quote? (Obviously there is a thread on our situation on their board) In fact, City Ave, had a 8.7 million shortfall which was gapped by cutting operating budget across campus.
The belt tightening will lead to a more efficient operation going forward.
|
|
|
Post by olneyave on Aug 26, 2015 7:40:43 GMT -5
Pretty shocked to see a 12 million dollar shortfall. Blaming it on the freshman class only can account for about a third of that, at most. La Salle has never been run very well in my opinion, I was happy to see a 'layperson' as the new president which was desperately needed, obviously.
|
|
|
Post by La Salle 08 on Aug 26, 2015 8:05:23 GMT -5
Couldn't believe it when I saw it's $40k (+another $12k for room & board)a year now, that is outrageous. How are middle class catholic high school grads supposed to afford that?
It was $28k +$8kish in 2004-2005. Even with scholarships, I still have 8 years of loan payments left. If I started school now, it would take 25 years to pay off.
Should it cost $200k to get a job at the Big4? I can't imagine paying back these loans on a nursing or teachers salary.
|
|
|
Post by lasalle89 on Aug 26, 2015 8:27:07 GMT -5
This is why my son may be going to Temple. I will have three in college at the same time. Saint Joe's brags that their college graduate starting salary is $50,000 a year. Cost of a 4 year education there is well over 200,000. You have to work a long time to pay that off. School loan debt has now exceeded credit card debt. I don't know how small private colleges are going to be able to stay in business. My local community college had to build five new parking lots because of the growth. Two years of community college followed by two years of a state school may be the only option for many people.
|
|
|
Post by thelasallelunatic on Aug 26, 2015 8:58:06 GMT -5
The tuition bubble is starting to pop...maybe the pendulum will swing back in balance, and the true value of a college education will be reflected in the tuition price. Once people start defaulting on their student loans, it is only going to get worse. Once tuition started getting over $20,000 a year, everyone should have had their eyes open. I'm LaSalle gold and blue thru and thru, but we're not Notre Dame. A LaSallian education isn't worth $50,000 grand a year, it isn't worth $40,000 grand a year, and I don't know that its worth $30,000 a year (which is where it was when I was there, room and board included).
The college tuition explosion is a bubble, just like the real estate bubble of 10 years ago, and the .com bubble of 15 years ago. I can't understand why those in charge couldn't forsee this bubble popping as it grew larger and larger.
|
|