Higher Education Seeks Answers to Leaner Years
Higher Education Seeks Answers to Leaner Years
"...meaning that there are about 300,000 fewer undergraduates to divvy up among America's campuses than there used to be...To fill seats, colleges are engaged in an arms race of discounts that they increasingly cannot afford - discounts so deep that, while sticker prices appear to be rising ahead of the inflation rate, the schools are actually seeing their net tuition revenue decline. Many small, private nonprofit colleges are giving away a record 51% of their tuition income in the form of discounts...."