BY BRIAN C. MITCHELL For the American consumer, there is a good deal of persistent confusion about the cost of higher education. Media reports usually point to the high “sticker price,” which does not reflect the actual cost of an education that most American families pay. On the public side, it fails to incorporate the…
BY BRIAN C. MITCHELL American higher education is a complex, decentralized, and interlocking network of institutions that provide education to a disparate group of learners. Historically, many of the fundamentals build around an applicant cohort of 18- to 22-year olds. The demographics of the 21st century predict that this group will not be able to…
BY BRIAN C. MITCHELL Swirling around the debates over the high sticker price of higher education is a deeper conversation about the broken financial model that most colleges and universities continue to use to pay their bills. While the largest universities have more options based on the scale of their endowment, fundraising prowess, and research…
POSTED BY BRIAN C. MITCHELL The results of the most recent Tuition Discounting Study from the National Association of College and University Business Officers (NACUBO) are telling and worrisome. The study, released last week, examined how much colleges and universities awarded students in scholarship and grants and how deep tuition discounting has become. The NACUBO study…
The National Association of College and University Business Officers (NACUBO) published its report on tuition and revenue trends last month. NACUBO surveyed 401 colleges and universities, including 305 smaller colleges, 57 comprehensive and doctoral universities, and 39 research institutions. It also compared this year’s results with previous data collection. The data show that American higher…