NEPC’s Colin Hatton sat down with Jessica Dickler at CNBC to discuss the current pressures institutions of higher education are facing, including the impact of declining tuition revenue. View the full article on CNBC’s site here.
Barring a $1 billion donation or broad-based student loan forgiveness, college is becoming a path for only those with the means to pay for it, many reports now show.
But some colleges have a new strategy to entice students wary of the high cost.
Roughly two dozen schools have introduced “no-loan” policies, which means they are eliminating student loans altogether from their financial aid packages.
. . .
“Nationwide, colleges continue to feel the consequences of fewer students and declining tuition revenue, according to Colin Hatton, senior consultant of NEPC’s endowments and foundations team. For the most part, college endowments have paid the price.
“The higher educational system is under stress,” Hatton said.”
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