Forbes Ranks HSU Highest “Financial GPA” of Baptist Universities in Texas
In a Forbes article entitled, “College Financial Grades 2021: Will Your Alma Mater Survive Covid?”, Forbes analyzed the strength of U.S. private universities and assigned them a financial grade (GPA) based on nine factors, including operating margin, liquidity ratios, and how much the university actually spends on educating each student.
Hardin-Simmons topped the list of B+ rated schools with a financial GPA of 3.5 on a scale of 4.5. This was the highest financial GPA of any local university rated and any Baptist school in the state of Texas.
“This recent rating came as a result of the courage and financial discipline of our trustees, administration, faculty, and staff as we’ve worked together to build a solid, sustainable financial foundation and a process to ensure the future of HSU for many years to come,” said HSU President, Eric Bruntmyer.
This positive news is in part due to Hardin-Simmons’ recent efforts to restructure financially which included the closure and consolidation of several programs, the development of new programs, revenue streams and investments, and upgrades to its facilities to regain financial operating strength and long-term financial stability.