Colleges Fight to Preserve Legacies

When Sue Stuebner took over as president of Colby-Sawyer College (NH) in the summer of 2016, the only thing rich about the 178-year-old institution was its history.  A small liberal arts school with a modest endowment, Colby-Sawyer is heavily dependent on tuition. From a high of around 1,500 students a few years earlier, enrollment had dropped to 1,100 and the college was posting multi-million dollar operating losses.