Declining enrollment: Private universities face tough decisions - Megan Carpenter, Spectrum News
Ray Schroeder
OCTOBER 21, 2023
Declining enrollment affects all sectors of higher education, but most notably, private colleges. Public universities rely on government funding, while private colleges rely on tuition and endowments. Most funding for private colleges comes in the form of need-based aid, which averages less than $10,000 per student.
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