Monday, November 22, 2010

Lesley grows in Harvard's long shadow - Boston Business Journal:

http://bath-linen.com/you-can-benefit-from-using-wood-pellet-reviews.html
Between September and October, Lesley bought five buildings from the Episcopa Divinity School and the Weston Jesuit School of Theology, both of which are in Over the next 18 monthws the university plans to buy five more including a 50 percent share in a from the two theological schools. A new dorm complecx capable of housing 98 students opens inthe fall, enabling the campud to house up to 1,000 studentsx as the university plans to increase its traditional undergraduate student enrollment from about 1,200 to about 1,7009 in the next few years, said Josepj B. Moore, Lesley’s president.
Lesley is floatingv a nearly $57 million bond, whicg is expected to close onMarch 10, to pay for constructio and acquisition costs. In 2008, Lesley’s total full-timd enrollment of undergraduate and graduate students was Lesley is primarily knownh for training teachers and for adulgteducation programs. While graduate and certificatee programs make up a largefr percentageof enrollment, students 25 yeards or older represent 17 percent of Lesley’s undergraduate It’s in this market where Moore sees growtyh potential. For working adultzs with previous college experiencewho didn’ t finish their degrees, this is “goingy to be a good time ...
for them to enroll and completethat degree,” he said. Lesley is in the midsy of developing anonline bachelor’s program in liberao arts, chiefly to reach this oldedr population. That’s a good said John Stevens, president of Grantham, N.H.-based higher education consulting firmStevens Strategy. “Ths demographics in the Northeasf and the Midwest are kind of crummy fortraditionall college-age students for the next ... five or 10 he said. Enrollment has dipped in recent yeares for Lesley due in part to a decrease in the need for variousz teachertraining degrees. Nevertheless, Moore sees the largestf growth area to bein off-campus teachetr programs.
The university is already providingv training in23 states, and the “agenda is an even more substantiaol relationship with K-12 schools around the The university’s endowment and quasi-endowment investments grew by nearlh 200 percent last year to $190.3 milliob after it collected a historic $136 million gift. (The endowmen t has seen a decline of aroundr 26 percent to 27 percentsince July, Moorde said.) Lesley plans to use that gift as the base for a $200 millio n capital campaign it plans to launch in 2010. To Lesley has $30.6 million in outstandint debt. In 2008 it collected $5.2 million afted expenses. Its total assets, net of were worth $242.2 million as June 30.
Lesley’sz growth and healthy balance sheet should make it more noticeable as othe r schools scale backgrand plans, said Joe Cronin, formerd president of and former Lesle trustee. “Everyone looking at Cambridge has been looking at Harvard and he said. “They haven’t been watching Lesley and they

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