How is Erie Community College’s financial health?

This blog has chronicled in many posts the financial issues involved in the management of Erie Community College (aka SUNY Erie). With an annual budget of more than $105 million and a heavy investment of public funds in the institution, it’s an important question.

Like most other colleges in Western New York, ECC has struggled with declining enrollments. Reasons include a smaller pipeline of students in the area and a healthy economy. There’s not much that can be done with the area’s demographics. And a healthy local economy should be cheered, even though historically enrollment drops when people have jobs and are less in need of boosting their educational credentials. Continue reading