When Meredith Woo took over as the president of Sweet Briar College in 2017, the nonprofit Virginia women’s institution was seen as a troubled place. Alumnae had wrestled the college back from the brink of closure, but it still faced financial issues, resulting in a warning from its accreditor. 

Woo recently announced that she will be departing from her role as Sweet Briar’s president in spring 2024. She spoke with Higher Ed Dive about her tenure. 

This interview has been edited for clarity and length.

HIGHER ED DIVE: When you took over as president, Sweet Briar was still in the news for a 2015 closure attempt, and there were some accreditation issues because of financial stress. I’m curious if you had any doubts coming into the role.

Meredith Woo

Permission granted by Sweet Briar College

 

MEREDITH WOO: When I came here in 2017, I wish I could say that I did my due diligence, and that I had studied the finances, that I had studied the academics and all the institutional aspects of the college as well as I could, and made a sensible decision to lead the institution going forward. In fact, it wasn’t like that. Because no matter how hard I tried to understand the situation of the college in 2017, it was not that easy to understand what was going on. 

But to me, joining Sweet Briar, deciding to lead it, was an act of faith. Sweet Briar is not just a very fine college, but it has served for a very long time as a significant cultural, social and economic pillar for Central Virginia. 

College is not simply a business enterprise or even a nonprofit entity. It really is a very important national treasure, oftentimes for the country. Sweet Briar fills a very important role in education of women. Today there are a lot of women on university campuses. In fact, there are more women than there are men in universities. But there is a role to be fulfilled by all-women’s institutions, which provide truly empowering education for that small segment of women that could really benefit from it. And so for me, it was a belief that this institution has the right backbone, right building blocks, and that with some creativity and imagination, we can make it work.

And about that creativity and imagination: You made several changes to the college during your time as president, some that may have helped its longevity. What do you think were the most impactful changes?

One is the kind of change that is business-oriented, that is done immediately, in order to make ourselves sustainable. So the very first thing I did might be called a very comprehensive reset of the college — academically, financially and budgetarily. 

Academically, this meant getting rid of all of our gen ed and creating a new kind of gen ed, in the form of a very tightly structured women’s leadership core curriculum that speaks to the excellence of the liberal arts, but being very much intentional in generating women leaders going forward through four years of very good education. 

In order to attract students, we decided to change the regime of our finances. So instead of having a regime of very high sticker price, and very high discount rate, we decided to make our tuition very transparent, but also deploy more than 200 different endowment accounts for scholarships to provide reasonable merit scholarships for our students. And so that was a very radical change that entailed a tuition reset, of close to 40%, in terms of reduction in tuition, to make our tuition affordable. 

When I first came here, we had less than 200 students. And we had 85 faculty members with 45 majors. And so we reduced the number of majors by half, and also made adjustments in faculty and staff size, in order to make it proportional or appropriate for the student body that we had. None of this was very easy.  

The second set of changes were much more structural, and those consist of two things. 

One was creating a five-year action plan, step by step, to try to accentuate things that Sweet Briar is or could be arguably better at than anybody else. And the other one was working on the infrastructure of the college. 

For the five-year plan going forward, we emphasized five things that we can be truly distinguished in. One is the agenda of making our core with a leadership curriculum as good as it could be. 

Two, to make our efforts with sustainability very cutting edge. And this is a very interesting thing, because Sweet Briar’s campus is arguably one of the most beautiful in the country.

The third thing is that we are the only engineering program fully ABET accredited, which only has women students in the classroom. In a classroom without misogyny and intimidation, our students thrive.

The fourth thing that Sweet Briar is really good at, we have the oldest equestrian program in the nation. By far the best equestrian program among liberal arts colleges. We are going to honor that legacy by building meaningful academic programs around it. So that it can be a program that’s really comprehensive in terms of athletics, career paths, as well as academics. 

And then finally, the effort to make Sweet Briar into a destination in Virginia and in the nation. 

Lilah Burke

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