A newly-commissioned study reveals that Berea College’s operations make a yearly economic impact of more than $202 million in Madison County. The study quantifies the economic impact of Berea College on the local economy. It looks at the impact generated by all operations of the College.
Although the economic impact generated by the college goes throughout the Appalachian region, this analysis focuses on Madison County. The $202 million is a measure of the total dollar value that flows through the Berea-Madison County economy because of the operations of Berea College. The exact amount is $202,413,426 for the 2016-17 academic year. Continue reading New Study Reveals Berea College Makes $202 Million Impact on Local Economy →
The January issue of University Business magazine features a recent interview with Berea College President Lyle Roelofs. Matt Zalaznick’s article highlights Berea’s mission and legacy of interracial and coeducation for low-income students. Roelofs also discusses the challenge of maintaining Berea’s no-tuition policy in today’s economic climate, the College’s response to external social pressures and Berea’s distinctive Labor Program.
To get a more personal glimpse of President Roelofs, read Zalaznick’s article on the president’s interests and hobbies.
Rising student debt continues to alarm many families. The amount of debt American colleges take on—while making fewer headlines—also is of extreme concern. Forbes, in its latest list titled “2017 College Financial Grades: How Fit Is Your School?” gives kudos to Berea College for keeping institutional debt low and scores Berea with an “A” grade.
In a newly-published article, Matt Schifrin, a Forbes staff writer, focuses on factors that indicate the financial fitness of schools: endowment assets per student; primary reserve ratio; viability ratio; return on assets; and instruction expenses per student. Continue reading Forbes Names Berea as a “Standout” for Low Debt →