Wells College Reviews
Not yet rated.
Thomas E. J. deWitt, Ph.D.
Pros – It was a learning experience.
Cons – Not always managed in the best way.
Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company
Pros – Gorgeous setting on lake with ivy-covered, historic buildings. Access to Ithaca and Cornell University. Minimal bureaucracy because of small size. Tight community of good, helpful people. Good place to break into a career, learn many aspects of a job and move on! Loyal alumnae.
Cons – This school is perpetually on the brink of financial collapse. Every summer there is a cash flow problem/budget freeze because the school has to wait for new tuition revenue. A once-healthy endowment is now nearly depleted. Faculty salaries have stagnated since 2008, were reduced and restored, but retirement benefit was nearly eliminated. Tuition is more than $40k, but the college attracts mostly weak students who didn't get into better schools, so academic rigor has eroded. School is tied to unprofitable auxiliary businesses (Aurora Inn and related properties) that only make the overall financial situation worse. Winters in the Finger Lakes are brutal!
Advice to Senior Management – Tie faculty salaries to merit and activities. There are no consequences for being retired in place, and no rewards for doing good work--this has led to stagnation, entitlement, and has ruined morale. The dean should have the power to make such decisions, but is bound by dated governance.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
Pros – It's a small school so there is an opportunity to keep many skills current. The size allows using enterprise tools while still being able to deal with each user individually.
Cons – It's a small liberal arts college that is undergoing severe financial stress. Facing declining market share and a depleted endowment, aging infrastructure and increasing employee turnover, it decided to go co-ed. The PR bump was helpful for several years. However, it's now old news. It now faces the problem of finding another way of defining it's uniqueness.
Advice to Senior Management – The college now needs to find a reason to be able to maintain it's higher than average price for an education. An emphasis should be placed on making successful students who can re-build the endowment rather than just concentrating on the immediate problem of dorm room occupancy.
Yes, I would recommend this company to a friend