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      <p begin="00:00:11.49" end="00:00:14.79" style="1">                                      
         >> Here's the situation. The Enrollment Management<br/>
         Committee met last week,                                                                                                           
       </p>
      <p begin="00:00:14.79" end="00:00:17.02" style="1">                                      
         and their main concern<br/>
         was student retention.                                                                                                           
       </p>
      <p begin="00:00:17.02" end="00:00:19.04" style="1">                                      
         So that's what we'll be<br/>
         focusing on this year.                                                                                                           
       </p>
      <p begin="00:00:19.04" end="00:00:22.93" style="1">                                      
         >> Sean, what exactly does<br/>
         the university mean by retention?                                                                                                           
       </p>
      <p begin="00:00:22.93" end="00:00:26.18" style="1">                                      
         Having the students who are accepted<br/>
         actually enroll in the fall?                                                                                                           
       </p>
      <p begin="00:00:26.18" end="00:00:29.75" style="1">                                      
         >> Well, that makes sense, Suzanne, but that's not<br/>
         exactly how the Committee's using the term.                                                                                                           
       </p>
      <p begin="00:00:29.75" end="00:00:31.28" style="1">                                      
         They mean two things.                                                                                                           
       </p>
      <p begin="00:00:31.28" end="00:00:33.32" style="1">                                      
         First, the percentage<br/>
         of first-semester freshmen                                                                                                           
       </p>
      <p begin="00:00:33.32" end="00:00:35.10" style="1">                                      
         who complete the second semester.                                                                                                           
       </p>
      <p begin="00:00:35.10" end="00:00:38.82" style="1">                                      
         And second, the percentage of freshmen<br/>
         who return for their sophomore year.                                                                                                           
       </p>
      <p begin="00:00:38.82" end="00:00:40.77" style="1">                                      
         >> Okay. That makes sense to me.                                                                                                           
       </p>
      <p begin="00:00:40.77" end="00:00:43.25" style="1">                                      
         >> And, quite frankly,<br/>
         our percentage isn't that good.                                                                                                           
       </p>
      <p begin="00:00:43.25" end="00:00:45.57" style="1">                                      
         >> Sean, what exactly do you<br/>
         mean by "not very good"?                                                                                                           
       </p>
      <p begin="00:00:45.57" end="00:00:49.24" style="1">                                      
         >> Well, at most comparable universities,<br/>
         the retention after the first year is about 80%.                                                                                                           
       </p>
      <p begin="00:00:49.24" end="00:00:52.18" style="1">                                      
         And here, it's only 60%.                                                                                                           
       </p>
      <p begin="00:00:52.18" end="00:00:55.90" style="1">                                      
         We're losing about 1/3 of our freshman class<br/>
         after the first semester.                                                                                                           
       </p>
      <p begin="00:00:55.90" end="00:00:58.36" style="1">                                      
         That's a big problem, Jeff,<br/>
         one this committee must address.                                                                                                           
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