Thank you, @blossom for your suggestion and encouragement. We’re still a long ways away, but when the time gets closer, I will remember that.
Pertaining to the original topic, the Forbes article was discussing how Oglethorpe went from a financial health grade of F in 2016 to a B+ in 2021. In the description it mentioned that in 2016, “Just 11% of the students it admitted for the 2013-14 year chose to attend, a dangerously low yield figure,” while in describing the turnaround indicates that the yield is now 26%. (The data for 2021 is from 2018 & 2019.) So certainly yields below 10% should be alarming, and perhaps anything below 20% is concerning?
For curiosity’s sake I combined the colleges with the lowest yields with their Forbes financial health grade:
• Paine College, 5% yield, N/A (FT population below 500)
• New England College, 5% yield, C-
• Humboldt State University, 6% yield, N/A (Forbes did not grade publics)
• Millsaps College, 6% yield, B
• University of Mary Hardin-Baylor, 6% yield, C+
• Mary Baldwin University, 6% yield, D
• Notre Dame de Namur University, 7% yield, C
• Wingate University, 7% yield, C-
• Our Lady of the Lake University, 7% yield, C-
• Spring Hill College, 8% yield, D
So here is the grade distribution of the financial health scores:
• B, 1
• C+, 1
• C, 1
• C-, 3
• D, 2
• N/A, 2 (one too small at 189 FT students and one is public)
So a low yield but a relatively strong financial standing (like Millsaps) would likely remain in contention for our family, but one with a low yield and poor financial health would not.