Editor’s note: This commentary is by Susan Stitely, who has been the president of the Association of Vermont Independent Colleges for 10 years. AVIC is a voluntary association of private colleges and universities supporting higher education in the state. Its members include Bennington College, Champlain College, College of St. Joseph, Goddard College, Landmark College, Marlboro College, Middlebury College, Norwich University, St. Michaelโs College, SIT, Southern Vermont College, Sterling College, Vermont College of Fine Arts, and Vermont Law School.
[I]โm saddened to see colleges closing across our country. We know that the number of traditional college-age students is declining and that Vermont is not immune. You may have read that some of Vermontโs private colleges are likely to experience transitions. It is difficult to predict how events may unfold.
Regardless of what 2019 may bring, Vermontโs private colleges remain one of the stateโs most vital economic drivers. To understand the statewide scope of the economic impact: We employ roughly 4,300 staff and educate over 16,000 students. All of this, according to federally available data, totals $1.1 billion in direct annual expenditures, including $484 million in salaries, wages, and employee benefits. Indeed, private higher education is one of the top reasons people decide to move to our state.
As president of the Association of Vermont Independent Colleges (AVIC), I know how entrepreneurial our members are in finding niches and developing new programs to respond to a changing economy. We have private colleges located throughout the state with diverse missions focused on environmental stewardship, the arts, the law, military preparation, preparation for professional careers, and one that exclusively serves students with learning disabilities.
We understand the unease that communities and institutions alike might be feeling in the face of possible transitions. To be clear: AVIC and its members are committed to working with any private college in Vermont that might need assistance during a transitional phase. We will work to support orderly processes so that those impacted by any change are able to make the best decisions for their future success. We are also pursuing ways to strengthen the private higher education sector so that our members can continue serving as industry anchors in their communities, a source of clean, green jobs, and a magnet for attracting young people from out-of-state.
AVIC can facilitate help on matters like academic record retention as well as teach-out and transition plans. We have also agreed to collectively address the need for a secure disposition or transfer of student academic records. Registrars are sharing best practices and aligning systems for better information sharing. Where appropriate, we would also support thoughtful mergers and well-planned acquisitions.
Another of AVICโs roles is finding ways to collectively reduce costs. Recent initiatives include options for joint purchase of life and disability insurance and exploring multi-employer retirement plans. A rapidly evolving higher education environment can also promote innovative collaboration. For example, most AVIC members participate in the AVIC Semester Exchange, a program allowing students in member colleges to expand their educational options by attending another member college without paying any additional tuition.
As a major engine in our stateโs economy, our private colleges continually strive to restructure and reinvent themselves in a rapidly evolving higher education environment. As part of that effort, the Association of Vermont Independent Colleges is dedicated to helping Vermontโs private higher education institutions work together to ensure that our state remains a viable and competitive education destination.
