Simmons University Living and Learning Center | 300 Fenway | Longwood

April 6:

1775608829942.png
 
As of 9/6/26.
 

Attachments

  • IMG_1583.JPG
    IMG_1583.JPG
    6.6 MB · Views: 80
  • IMG_1588.JPG
    IMG_1588.JPG
    4.4 MB · Views: 79
  • IMG_1581.jpg
    IMG_1581.jpg
    7.1 MB · Views: 78
  • IMG_1584.jpg
    IMG_1584.jpg
    6.6 MB · Views: 75
  • IMG_1585.jpg
    IMG_1585.jpg
    5.9 MB · Views: 74
  • IMG_1582.jpg
    IMG_1582.jpg
    6.9 MB · Views: 72
  • IMG_1586.jpg
    IMG_1586.jpg
    5.4 MB · Views: 77
Low key didn't know much about Simmons despite living and working next door for years lol. Reminds me of an article in the WSJ that made the rounds online last week about Syracuse University. From purely the enrollment decline data, it looks like Simmons is in even worse shape than Syracuse.

“The problem with Syracuse is that the school thinks of itself as like an Ivy, but it’s not,” Tavares said. [...] In 2025, it borrowed $458 million to build new dorms near its main campus. The risk was exacerbated because the school has a relatively small endowment for a university of its size.
Click to expand...

Quick google suggests they seem to be doing not so well. Wonder what the future has in store for them
 
sean99090900 said:
Low key didn't know much about Simmons despite living and working next door for years lol. Reminds me of an article in the WSJ that made the rounds online last week about Syracuse University. From purely the enrollment decline data, it looks like Simmons is in even worse shape than Syracuse.



Quick google suggests they seem to be doing not so well. Wonder what the future has in store for them
Click to expand...
I’m no expert on the matter, but from this distance I think Simmons should be fine - - historically have had a huge nursing and social work program and they are right there in Longwood, so from a professional point they are in a sweet spot. Plus they made a boatload of money selling their other property a few blocks away to consolidate the previously separated properties. I could be wrong re the finances etc. though.
 
If nothing else, some other university will acquire this if Simmons goes under.
 
Did I miss something here — is Simmons actually in financial straits or is this just speculation?
 
bdurden said:
Did I miss something here — is Simmons actually in financial straits or is this just speculation?
Click to expand...
Like I said, I only did a quick google search, someone who actually knows something should chime in.

1788804255795.png

Enrollment is in a period of structural decline


Simmons awarded aid to 99% of first-time undergraduate students, an expensive recruitment tactic known as tuition discounting, that generally leads to less incoming revenue, according to federal data for the 2022-2023 academic year. The school’s website says it’s been working on a strategy to boost revenue through net tuition.

The strategy hasn’t paid off yet for Simmons, which was founded in 1899 and also offers co-educational graduate programs. Moody’s Ratings slashed its credit rating on Friday to junk and said the school is contending with operating deficits that are likely to last through 2028. Total enrollment at the school fell just over 20% from fall 2019 through 2023, according to federal data from the National Center for Education Statistics.
Click to expand...
It looks like shrinking the number of undergraduates is deliberate since their recruitment necessitates so much first year financial aid. But from the enrollment data, the graduate student enrollment is declining even faster, and to my understanding that should be the cash cow population they're trying to lean more on. Their credit rating was just cut to junk due to debt, some of which is probably this large tower lol.
 
sean99090900 said:
Low key didn't know much about Simmons despite living and working next door for years lol. Reminds me of an article in the WSJ that made the rounds online last week about Syracuse University. From purely the enrollment decline data, it looks like Simmons is in even worse shape than Syracuse.

Quick google suggests they seem to be doing not so well. Wonder what the future has in store for them
Click to expand...
Isn't this building a component of a large cost-cutting endeavor on Simmons' part? They sold a large chunk of their Longwood real estate (the majority?) at the peak of the lab bubble and are consolidating those functions in this new denser building.

This strikes me as pretty much the exact opposite of an example of a college/university over-borrowing to fund grand expansion plans.
 
JumboBuc said:
Isn't this building a component of a large cost-cutting endeavor on Simmons' part? They sold a large chunk of their Longwood real estate (the majority?) at the peak of the lab bubble and are consolidating those functions in this new denser building.

This strikes me as pretty much the exact opposite of an example of a college/university over-borrowing to fund grand expansion plans.
Click to expand...
Fantastic, thanks for the insight
 
You must log in or register to reply here.

Back
Top