The Excelsior Scholarship will make New York the first state to include four-year public schools in the free tuition program.  Targeting middle-class families and individuals with incomes of $125,000 per year or less, the program has been hailed both as innovative or doomed to fail.  Is this a move in the right direction?

In this episode of Admissions Live, we speak with Joe D’Angelo, a Carl Marks Advisors’ Partner and an education industry and restructuring veteran.


Admissions Live is sponsored by mStoner, Inc.

Episode Host

Nicole Lentine

Nicole Lentine

Nicole Lentine is associate director of admission at Champlain College. Along with recruitment goals and activities, she serves as community manager to prospective and admitted student social media communities, develops admissions and alumni partnership strategies, and develops events and visit programs for special populations. Nicole has over nine years of experience in the industry, and thrives on networking and learning from others to constantly improve and find new ways to connect with students. She speaks about college admissions and digital communication strategies at regional and national conferences including NEACAC, HigherEdWeb, and UBTech.


Joe D’Angelo

Joseph D’Angelo serves as partner at Carl Marks Advisors, where he focuses on working with company management across a wide range of industries, including higher education and for-profit schools, specialty finance and lending, manufacturing, software, and telecommunications industries, to develop and implement business plans that restore top-line growth and increase enterprise value. Joe has more than 20 years of experience in operating and advisory roles, improving underperforming businesses and advising debtors and creditors in complex restructuring matters. He has served as Chief Restructuring Officer, Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, and Advisor to companies in the for-profit education sector. He also represents secured creditors in bankruptcy restructuring cases and is known for being proactive in developing solutions to maximize client recoveries.

Joe received a BA from Columbia University and an MBA from The Wharton School of the University of Pennsylvania.