Survey: tuition revenue will fall in 2012.
The good news: The majority of U.S. colleges and universities polled in the third annual tuition pricing survey from Moody's Investor Service project net tuition revenue growth for fiscal year 2012. The bad news: More U.S. universities anticipate tuition revenue to drop than compared to the previous year.
The report comes at a time when many schools are trying to shore up shortages from decreased government support, grants, and private gifts. Although many schools have raised tuition sticker prices, they have also increased discount rates in an effort to attract students. More than half of the private colleges in the Moody's survey had increased discount rates over the last year. "Sector conditions have toughened some in a weak economy and against a backdrop of a likely decline in government aid to education," said Moody's vice president-senior analyst Karen Kedem, coauthor of the report.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||CAMPUS CFO|
|Date:||Feb 1, 2012|
|Previous Article:||Student textbook spending declines.|
|Next Article:||Cushioning the blow: how college officials have communicated the need for tuition increases.|