Well-Regarded Public Colleges Get a Surge of Bargain Hunters
“The country is in the process of reconsidering the easy accumulation of debt for consumer things, and it may well be that that will be a factor that tilts people toward public institutions because of the cheaper sticker price,” said Patrick M. Callan, president of the National Center for Public Policy and Higher Education, a nonprofit research and advocacy organization.
A poll by the center in December showed that “people’s anxiety about paying for college is almost at an unprecedented high,” Mr. Callan said.
“We’re not sure how they will respond, but we’re pretty sure they won’t respond by deciding not to go,” he added. “Middle class families understand that you’re going to be consigned to the minimum-wage economy if you don’t get some higher education or training.”
Labels: affordability, cost, enrollment management, financial crisis
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