Sep 5, 2018, 5:30 PM
(from the Christensen Institute) The U.S. is running out of students who can pay full college tuition. In the 2014-15 school year, 86 percent of first-time full-time freshmen received financial aid. This means that when schools increase tuition, only the remaining 14 percent of students can actually afford to pay more, creating a disconnect between raising tuition and actually getting more cash in the door. Schools are having to discount even to attract wealthy students: private four-year colleges are offering 33 percent discounts to students whose families are in the top income quartile. In March of 2017, 40 percent of colleges and universities reported a decline in applications from international students, and early data show that the international student population fell in 2017, for the first time in years.
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