Reply to WaPo feature on bad economic outlook for colleges

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Did you see this piece on the news awhile ago? It predicts a quarter of schools will close in the next 20 years. The sad part is how devastating it will be for small towns like the one in the piece where the college is the center of the community.

https://www.google.com/amp/s/www.cbsnews.com/amp/news/expert-predicts-25-percent-of-colleges-will-fail-in-the-next-20-years-2019-08-31/[/quote]

From the story:
"At Green Mountain College this past year, we didn't have one full paid student," Allen said, adding, "Our published tuition was $36,500, and the average student paid just a little over $12,000."

Why didn't they publish tuition rates of $15 K with fewer scholarships?  They would have made more per student and I bet they wpuld have been swamped at applicants.  They could have even offered a $1K merit scholarship and still have come out ahead.[/quote]

I agree. I can’t believe how many people don’t realize that at many privates the list price isn’t necessarily the price one should expect to pay. They do that because the full-pay shoppers are hard to give up, but the cost is many who won’t even consider applying. [/quote]

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