
Dear Willard College,
We would like to provide, in as transparent a manner as is possible at this point, the relationship of enrollment projections to enrollment results. Lots of factors go into enrollment management, including the Willard College Catchment Area, our carrying capacity, the number and quality of purchased high school senior contact information, our discount rate, the discount rate on the discount rate, the tuition of competitor institutions, stock market performance, the performance of the Willard College endowment, the national ranking of Willard College, news stories that may be either positive or negative concerning Willard College, the functionality of our models, the viability of our projections, and externalities that lie beyond our control.
Within these factors, other factors are also at stake. But we have been hear before, and we think that if we all pull together, as a team, we can turn the corner on what at present, and we say this aware of the abovesaidmentioneds, things will improve. Soon. Very. Very soon.
In the meantime, we ask for patience as salaries are modified to adjust to a new, and I think I’m confident in saying, temporary, downward trajectory.
Thanks,