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Reply to "Syracuse University issues financial warning as admissions slump: We’re in the red"
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[quote=Anonymous][quote=Anonymous]Google tells me that Syracuse's discount rate is 45% -- that means (if I'm understanding correctly) that the average student pays only 55% of the 100Kish sticker price. Wouldn't it be bold for Syracuse, or some other private, to slash cost of attendance, say, by 35%? I'm not sure how the math would math but I think a much lower initial sticker price would attract a lot of donut hole families/ make them competitive with the SEC schools. . . . [/quote] I think the kids that want to go there are UMC average kids from private or public schools. Private parents don't care about the cost. Public parents need for tuition to be much lower than 55,000. I really think the sweat spot for private colleges that aren't top 50 is to have the tuition come in between 42 and 45. I think kids who are eligible for the tuition exchange Syracuse get 40,000 off. Playing sports is what attracts a lot of students to private colleges. Syracuse is D1 so that doesn't matter [/quote]
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