Some colleges seek radical solutions to survive
The Hechinger Report
OCTOBER 9, 2019
By 2016, annual expenses had begun outpacing operating revenues by $14 million. Colleges are also working to reduce their numbers of dropouts on the principle that it’s cheaper to provide the kind of support required to keep tuition-paying students than to recruit more. When Steve Thorsett crunched the numbers, things looked grim.
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