Liberal Academia Is Losing – Colleges Cut Prices By 53% To Attract Students
Colleges are beginning to feel the effects of their far-left bias.
According to a new study the average institutional tuition discount rate of private, nonprofit colleges and universities hit 53.9%.
That is a record high.
These private, nonprofit colleges and universities are losing around half of their revenue in an effort to entice students to come.
Private colleges and universities significantly discounted listed tuition and fee prices for most students in 2020-21—continuing a long upward march in discount rates that only accelerated during the COVID-19 pandemic.
In the 2020 NACUBO Tuition Discounting Study, 361 private, nonprofit colleges and universities reported an estimated 53.9 percent average institutional tuition discount rate for first-time,