IHEs Should Expect Less Revenue Through 2010

While parents may be depressed by the news that 58 colleges now charge more than $50,000 a year, the news isn’t much better for the colleges themselves. A survey by Moody’s, the rating agency, finds that nearly 30 percent of private colleges that responded are expecting a decline in net revenue from tuition and fees in the 2010 fiscal year. The big reason, Moody’s said, is a rise in discounts and financial aid as a result of the economic downturn. Despite the fiscal challenges, Moody’s found that undergraduate enrollment at the private colleges and universities surveyed was up by almost 1 percent. Read more at:
http://thechoice.blogs.nytimes.com/2009/11/03/bleak-news-for-colleges-too/