University of St. Francis President Dr. Arvid Johnson spoke to community leaders about USF and how it is surviving in such a tough market. Johnson stated that higher education is going through some tough times with enrollment declining and debt becoming a burden to students.
However, Johnson said, “Despite these gloomy predictions, I remain optimistic about higher education.” He said that college remains a good investment as employers would still higher someone with a college degree over someone who does not have a college degree.
Johnson boasted about USF and its students saying they continue to pass national tests and licensure exams at rates higher than the national average. He also said that this fall they have more graduate and degree completion students than expected. Typically these students receive employment within six months of graduation.
According to USF, 99 percent of their undergraduate students are either employed or attend graduate school within six months of graduation.
Another big win for USF students is that they are reported to borrow money more responsibly. USF reports that its students are to have an amount of debt that is less than the national average of $29,400.
Johnson also expressed how USF helps the local economy. The university makes a $173 million impact on the Joliet and Chicago metro economies. $64 million of that goes directly to Will County.
Johnson talked about USF’s five-year strategic plan to increase its regional reputation and brand, improve its rankings, increase the number of full-time faculty members and make investments in facilities.
To learn more about the University of St. Francis please visit www.stfrancis.edu.