Dear [Student’s name redacted],
Thank you so very much for your note. Please know that the Board of Trustees and I are aware of the economic and financial pressures that you and other students face. It is for this reason that the College has begun a program to decrease the rate of tuition charges over time.
We’re glad you’re aware of the severity of the situation! Can we see evidence of this tuition decrease program? Will you make the board meeting minutes public? Unfortunately, many of us who are dropping out, going hungry, and taking on debt right now don’t have time to wait for a slow-moving program.
However, a 0% increase in tuition would have a devastating impact on the quality of your education that would include fewer faculty, larger class sizes and a reduction in many of the services that are important to student engagement and educational experiences.
Whoa, Mr. President! You said a lot of scary things right there but didn’t give any sources.
Luckily, we did our own research. Next year, the college is going to gain Marlboro’s $30M endowment and its real estate holdings appraised at more than $10M. Will the college really crumble without the additional $2 million this 3.5% increase would extort from students?
The $2 million was calculated like this (the 2.5% accounts for inflation):
$1,700 increase x current undergrad enrollment – (2.5% of current tuition x current enrollment) = $2 million revenue
I should point out that financial aid increased by almost $3M dollars this year and $19M in the last six years to support students from middle- and lower-income families.
We should point out that the individual amount of aid given to students has not increased proportionally to the tuition (not to mention the housing cost) increases.
The college spent $24 million dollars to buy 172 Tremont—that’s $5 million more than it’s spent on increasing financial aid over the last 6 years! Which is a higher priority—real estate or students going hungry?
Last year, we made significant cuts in our operating budget—mostly invisible to faculty, staff and students—to reduce the tuition percentage increase and increase financial aid.
We’d love to fact check you on this, Mr. President, but unfortunately we can’t. Why isn’t the budget publicly available for all of us to see? What is the board afraid of?
It’s very condescending of you to reference this but not offer a source.
In FY ’19, we lowered the rate of increase of undergraduate tuition from 4.5% to 4.0%. I recognize that this was a very modest downward adjustment.
We also recognize that this is a very modest downward adjustment.
Especially because your salary has had a less-modest upward adjustment of 148.6% since 2011.
The Board of Trustees are committed to reducing the rate of increase further, while, at the same time, renewing our commitment to financial aid over time. Neither of these can be achieved in a single year.
Obviously, reducing the rate of tuition increase while increasing financial aid concurrently—or put another way, decreasing a significant revenue source while increasing a significant expense—poses a serious challenge for the College even as we have made cuts in the last several years to bring students new programs, new academic programs that require new faculty and a significant upgrade in living, learning and community spaces on campus.
We agree that you must find it very challenging—considering that Emerson College currently ranks in 5th place out of 20 colleges on the Princeton Review’s “Financial Aid Not-So-Great-List.” (And when the class of 2021 were freshmen, Emerson ranked as #6, meaning student reports of financial aid experiences have gotten worse over just 4 years.)
The operating budget levers available to us to make significant budget reductions are not plentiful. The largest fraction of our FY ’20 operating budget is, as always, salary and benefits ($111M/41%), the vast majority of which is fixed because of faculty and staff union agreements going forward.
We hope you aren’t trying to deter students from supporting the faculty and staff unions—because we’ve talked to them and established that we’re all on the same team!
Additionally, we notice you did not mention the $307,643 dollars that went to pay increases for upper-level administration just between 2016-17 and 2017-18 school years. This includes the VP for Institutional Advancement’s salary, which went up by $129,032 alone. Faculty and staff do not receive pay increases to this scale, yet you lay blame on them for the rising tuition.
Labor, institutional student financial aid ($50M/18%), and debt service ($32M/12%) account for 71% of our $274M total expenses. Other capital related expenses, including operating and maintenance of buildings, deferred maintenance and information technology, and increased housing and food costs due to the Little Building going live account for an additional $41M (15%). In other words, these four major expenses account for more than 86% of our total annual expenses. The vast majority of these expenses are fixed costs.
This leaves $40 million unaccounted for. It also leaves us wondering what the full list of programs included under “other capital related expenses” is.
The cost of each of these areas above increases each year, including most notably, faculty and staff salaries which account for 40% of the operating budget. As I noted earlier, a 0% increase would have a significant negative impact on your classroom and overall academic experience.
The ECSU works closely with and supports the faculty and staff unions. The emphasis on this statement is a clear attempt to break up solidarity between students and working and middle class faculty.
Nevertheless, thank you for your note and your concern, which we will share with the Board at our upcoming meeting.
Best regards,
Lee
Lastly, what you didn’t say:
In the email below, the student told you about their experience with food insecurity and their friends being priced out of Emerson. So did many others. You did not respond to this story.
1 in 5 students don’t graduate from Emerson. Do you consider these students collateral? Do you consider low-income students disposable?
And if you don’t: stop treating us like we are. We are not going anywhere. We will win this tuition freeze. And we will keep coming back.