Private colleges’ net tuition revenue from first-year students declined in 2021-22, study finds — from highereddive.com by Rick Seltzer
The revenue drop comes as tuition discount rates for first-year undergraduates rose to 54.5%, NACUBO found. Selective colleges discounted less than others.

Dive Brief (emphasis DSC):

  • Tuition discount rates for full-time first-year students attending private nonprofit colleges rose 2.1 percentage points to average 54.5% in 2021-22, a new record high, according to the National Association of College and University Business Officers.
  • Average tuition discount rates also climbed for all undergraduates attending private nonprofits, increasing by 1.4 percentage points to 49%, an annual NACUBO study released Thursday found. That measure hit its highest recorded mark as well.
  • Net tuition revenue from first-time undergraduates fell for just the second time in 10 years, with colleges that aren’t selective in admissions struggling most.

Also relevant/see:

Smaller and Restructured: How the Pandemic Is Changing the Higher Education IT Workforce — from educause.edu by Jenay Robert