Tuition & Financial Aid in Higher Education: Current & Future Trends Jory Hadsell Jennifer Olszewski Drexel University

Current Trends

Tuition Trends Rising Costs tuition fees at public four year institutions increased 5.6% over the rate of general inflation

Financial Aid Trends

Effects Higher student debt load Fewer choices at public universities Decreased quality as high-cost programs are cut Enrollments shift to private colleges (NCES, 2011) (University of California, 2011)

Tuition Discounting: A Sustainable Trend?

Future Trends Continued rise in advertised tuition rates with added discounting Higher prevalence of cost/benefit analysis in course and program offerings Institutional emphasis on campaigns to increase philanthropy and partnerships Public institutions place real limits on growth Increased international and out-of-state recruitment at public colleges/universities

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