July 7, 2014

HIGHER EDUCATION BUBBLE UPDATE: Tuition Discounts at Private Colleges Are at Record High.

Private colleges and universities take a lot of flak for their sky-high tuition rates, but they’re also knocking quite a lot off those steep sticker prices. According to Inside Higher Ed, the National Association of College and University Business Officers has found that these schools make only 54 cents for every dollar of tuition. . . .

If you are looking for a sign of the inevitable shake-up of the higher education system, look no further.

Also, if you’re paying full freight at one of these places, you’re a sucker. Negotiate, even if you don’t meet the “financial need” criteria. Or go elsewhere.

Oh, and all is proceeding as I have foreseen.