RIPON COLLEGE PRESIDENT DISCUSSES ECONOMY'S IMPACT ON SCHOOL

* David Joyce states staying the course is important in current, failing economy
* Strategic initiatives: College's strategic plan is to continue to evolve despite economy

"Never let a good crisis go to waste," were among President David Joyce's opening words in his Golden Hour update last week on the college's strategic initiatives. Joyce spoke with a deep sense of confidence, ensuring those in attendance that Ripon College will continue to thrive if it adheres to the plan set forth by the Board of Trustees and administrative council.The college's healthy levels of enrollment are solid indicators of its financial stability because student tuition accounts for 75 percent of the annual budget. However, the failing economy has taken its toll on the endowment, which typically accounts for 10 percent of the budget.

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