By 2014, tuition discounting had expanded dramatically. In fact, the average total institutional grant aid had grown from $4 million in 1997 to more than $16 million in 2014. Dr. PJ Rine authored a white paper titled A Shell Game by Any Other Name: The Economic Rationale Behind Tuition Discounting that warned the economics were no longer viable.

graph of average total institutional grant aid awarded per private baccalaureate college fiscal year 1997 to fiscal year 2014

What colleges have you attended?

Discover more from 50 years of training!

Subscribe now to keep reading and get access to the full archive.

Continue reading