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Dropping Enrollment Has Minnesota State Schools Losing Money

According to the Pioneer Press, Mesabi Range College is among nine Minnesota State schools being scrutinized for failing financial stress tests. According to the Pioneer Press, Mesabi Range College is among nine Minnesota State schools being scrutinized for failing financial stress tests. |  Photo: WDIO-TV file

Created: January 25, 2018 01:44 PM

ST. PAUL, Minn. (AP) - A continued decrease in enrollment has caused most Minnesota State colleges and universities to lose money in the 2016-17 school year.

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The Pioneer Press reports that 2016-17 was the sixth consecutive year to see enrollment drop, with full-time enrollment at nearly 132,000, down 17 percent since 2010-11.

More than 20 schools operated at a loss last year, while 15 made money. Mesabi Range, Hibbing, and Pine are among nine schools being scrutinized by the system office for failing financial stress tests.

Officials attribute the decline to the state's low unemployment rate and a declining number of young adults in the state.

The system board of trustees released a report Wednesday that says individual institutions are adapting to the loss of students. The report says schools are setting more realistic budgets, cutting staff and reevaluating course offerings.

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Information from: St. Paul Pioneer Press


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Copyright 2018 The Associated Press. All rights reserved.

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