From the Boston Globe:
"Dean College: What was for decades a two-year school in Franklin, Dean College started offering bachelor’s degrees in the 1990s. But the school has struggled to differentiate itself in a crowded marketplace in recent years.
Enrollment was down more than 13 percent between 2010 and 2024, and the school lacks substantial revenue sources beyond undergraduate tuition, so even modest enrollment declines are painful to the bottom line.
The college’s board has been approving special appropriations from the endowment to cover expenses, including a $3.9 million withdrawal in 2026. The total value of Dean’s endowment shrunk slightly in 2025 to about $66.2 million. The school is also discounting tuition significantly; its 1,092 students paid an average of roughly $33,200 each in tuition, fees, and room and board in fiscal 2025 even though the total cost of attendance listed on the school’s website is $73,972."
Continue reading the writing by the Globe’s Higher Education reporter, Hillary Burns
