{"id":89223,"date":"2023-10-18T10:49:46","date_gmt":"2023-10-18T14:49:46","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=89223"},"modified":"2023-10-18T10:49:46","modified_gmt":"2023-10-18T14:49:46","slug":"more-colleges-are-resetting-tuition-does-the-strategy-work-mclean","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2023\/10\/18\/more-colleges-are-resetting-tuition-does-the-strategy-work-mclean\/","title":{"rendered":"More colleges are resetting tuition. Does the strategy work? [McLean]"},"content":{"rendered":"

More colleges are resetting tuition. Does the strategy work?<\/strong><\/a> — from highereddive.com by Danielle McLean
\nSome institutions have seen short-term enrollment gains from slashing their sticker prices, but the strategy doesn\u2019t guarantee a turnaround.<\/em><\/p>\n

But as more colleges take the tuition reset plunge, questions around the effectiveness of strategy remain. Some colleges have seen immediate and long-term benefits from the practice, with surging enrollments and applications. However, for many colleges, that growth tapered off over the next few years. And the resets were not enough to turn around the financial fortunes of every college.<\/p>\n

\u201cFor some schools, they did it and maybe they were too far gone,\u201d said\u00a0Lucie Lapovsky, an economist and higher education consultant who\u2019s worked with colleges on tuition resets. \u201cMost of our private colleges in this country are challenged right now. It\u2019s not easy.\u201d<\/p>\n

\n

Student loan repayments have resumed. Here\u2019s 4 charts that break down American educational debt<\/a><\/strong>\u00a0— from cnn.com by Alex Leeds<\/p>\n

As student loan payments\u00a0resume\u00a0this month, more than 43 million Americans carrying that\u00a0debt saw the end of more than three years of relief from monthly payments. But the financial landscape in which they resume payments has shifted.<\/p>\n

Researchers are still working to understand the impact that the pause had on borrowers\u2019 finances, said Jonathan Glater, a professor at Berkeley Law and co-founder of the Student Loan Law Initiative.<\/p>\n

\u201cPeople who are precarious at the outset\u2026will also be financially more precarious when the payment obligations resume,\u201d Glater said.<\/p>\n

Since 2003, student debt has been the fastest-growing form of household debt, increasing more than 500% over the two decades, far more than increases in mortgage and auto debt that occurred over the same period, according to data from the New York Federal Reserve Bank.<\/strong><\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

More colleges are resetting tuition. Does the strategy work? — from highereddive.com by Danielle McLean Some institutions have seen short-term enrollment gains from slashing their sticker prices, but the strategy doesn\u2019t guarantee a turnaround. But as more colleges take the tuition reset plunge, questions around the effectiveness of strategy remain. Some colleges have seen immediate […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[61,209,115,302,57,211,3,239,560,66,212],"tags":[],"class_list":["post-89223","post","type-post","status-publish","format-standard","hentry","category-business-side-of-he","category-changing-business-models","category-colleges","category-community-colleges","category-cost-of-getting-a-degree","category-funding-grants","category-higher-education","category-new-business-models","category-parents-guardians","category-student-related","category-surviving"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/89223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=89223"}],"version-history":[{"count":4,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/89223\/revisions"}],"predecessor-version":[{"id":89227,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/89223\/revisions\/89227"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=89223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=89223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=89223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}