{"id":19534,"date":"2011-05-31T15:22:16","date_gmt":"2011-05-31T19:22:16","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=19534"},"modified":"2011-05-31T15:23:02","modified_gmt":"2011-05-31T19:23:02","slug":"update-on-perspectives-on-the-elephant-of-college-pricing-armstrong","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2011\/05\/31\/update-on-perspectives-on-the-elephant-of-college-pricing-armstrong\/","title":{"rendered":"Update on &#8220;Perspectives on the elephant of college pricing&#8221; [Armstrong]"},"content":{"rendered":"<p><a href=\"http:\/\/www.changinghighereducation.com\/2011\/05\/update-on-perspectives-on-the-elephant-of-college-pricing.html\" target=\"_blank\"><strong>Update on &#8220;Perspectives on the elephant of college pricing&#8221; <\/strong><\/a>&#8212; by Lloyd Armstrong, University Professor and Provost Emeritus at the University of Southern California<\/p>\n<p><em>Excerpt\/conclusion:<\/em><\/p>\n<p style=\"padding-left: 30px;\">The  situation from all perspectives is obviously greatly exacerbated by the  current unusually bad economic times. Pressures to increase discounting  have been enormous for many institutions, especially those whose  selectivity is lower. Economic times eventually will get better, of  course, but NACUBO warns that\u00a0<em>it may be some time before  institutions see the year-to- year gains in net tuition revenue they  experienced before the beginning of the economic downturn<\/em>. In fact,  there are increasing indications that there may not ever be a return to  such gains for many institutions. \u00a0There are serious\u00a0questions being raised by the general public regarding whether higher education  produces a value equal to its cost. This issue will hit those  institutions that are &#8220;non-elite&#8221; most strongly, and make it  increasingly difficult for them to raise tuition\u00a0at the historic rate. \u00a0  It also may well be the case that the American public will be more  cautious in taking on loans in the future, and thus will look much more  carefully at the concept that a loan is really decreasing the net cost  of education (as the current terminology implies). Should this happen,  it could significantly raise pressure to raise grant aid, leading to  higher discount rates.<\/p>\n<p style=\"padding-left: 30px;\">All in all, the data clearly indicate that the current cost\/price model of higher education is working less well\u00a0with each passing year\u00a0from each of the three perspectives. Is it time to start thinking of sustainable alternatives?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update on &#8220;Perspectives on the elephant of college pricing&#8221; &#8212; by Lloyd Armstrong, University Professor and Provost Emeritus at the University of Southern California Excerpt\/conclusion: The situation from all perspectives is obviously greatly exacerbated by the current unusually bad economic times. Pressures to increase discounting have been enormous for many institutions, especially those whose selectivity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[61,209,57,36,35,3,239,66],"tags":[52,600,290,586,585,251,637,792,603],"class_list":["post-19534","post","type-post","status-publish","format-standard","hentry","category-business-side-of-he","category-changing-business-models","category-cost-of-getting-a-degree","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-new-business-models","category-student-related","tag-budgetary","tag-business-side-of-he","tag-cost-of-getting-an-education","tag-future-of-higher-education","tag-game-changing-environment","tag-new-business-models-in-he","tag-perfect-storm","tag-society","tag-student-related"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/19534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=19534"}],"version-history":[{"count":6,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/19534\/revisions"}],"predecessor-version":[{"id":19540,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/19534\/revisions\/19540"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=19534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=19534"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=19534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}