Tuition revenue has fallen at 61% of colleges during the pandemic
From The Chronicle of Higher Education: “More than seven out of 10 community colleges saw that (tuition) source of revenue drop from 2019 to 2021, while four-year institutions fared slightly better: 60 percent of public colleges and 58 percent of private colleges experienced drops in their net-tuition revenue. … Institutions that were more selective in their admissions weren’t spared. The majority — 55 percent — of institutions defined as more selective by the Carnegie classifications saw a negative change in revenue from tuition, which was not much better than the 59 percent of inclusive institutions reporting net-tuition revenue declines. Sixty-two percent of selective institutions experienced drops.”View the full article from The Chronicle of Higher Education. [Subscription required.]
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