Brenau president cautions new college presidents in wake of demise of one 114-year-old institution

WASHINGTON, D.C. - In the wake of the financial collapse of a 114-year-old women's college that by visible physical and financial assets appeared to be solvent, the head of Brenau University, one of the remaining female single-gender institutions in the country, Saturday advised new college presidents how to keep their colleges and universities afloat.

Ed Schrader spoke at the 97th Annual Meeting of the American Council on Education's new presidents' seminar.

Brenau includes a 137-year-old, 900-student women's college on its Gainesville campus and also operates coeducation programs for bachelors, masters and doctoral degrees on several campus and online.

In Schrader's ten years as Brenau president, the university's budget more than doubled and its operating results have improved from a million-dollar negative in 2006 to about $5.9 million for 2015. Currently it is building new sorority houses, a large residence hall and an athletics complex for use by three of its intercollegiate sports team

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