A business plan outlining sweeping changes at New College of Florida is “not financially viable” in its current state, a University of Florida business-school faculty member said in an analysis that critiqued New College’s “strategic vision.”
The review of the business plan came as the New College board of trustees is expected Tuesday to choose a new president. Interim President Richard Corcoran, a former state House speaker and state education commissioner, is among three finalists for the job. Corcoran emphasized the business plan as part of an August interview with trustees.
Also, the state university system Board of Governors’ Strategic Planning Committee is slated to meet Wednesday to discuss “feedback” related to the 119-page business plan.
The plan details efforts to increase New College’s enrollment from roughly 800 students to 1,200 in the next five years, overhaul curriculum over the next three years and make improvements to the Sarasota campus.