THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

As rich rivals cut back, small colleges sell stability

Rely on tuitions, not endowment

NO ENDOWMENT WOES Merrimack College relies primarily on tuition income for its budget, which President Ronald O. Champagne (left) calls a blessing in disguise. NO ENDOWMENT WOES Merrimack College relies primarily on tuition income for its budget, which President Ronald O. Champagne (left) calls a blessing in disguise.
By Tracy Jan
Globe Staff / January 5, 2009

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The letters and e-mails have been arriving from small private colleges across New England for weeks, delivering assurances to high school seniors and their parents around the country. (Full article: 928 words)

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