The Tuition Increase Affected Enrollment Rate - 1473 Words

Table of Contents Introduction 3 Background 4 Analysis 5 Factors 6 Recommendation 7 Conclusion 8 References 9 Introduction In 2000, the Board of Ursinus College, raised its tuition from $19,331 to $23,460. This turned out to be a 17.6% increase. Surprisingly, the tuition increase proved to be a positive change for Ursinus College. The college received more than 200 applicants than its previous year (Brickley, Smith and Zimmerman, 2009, p. 110). Other regional institutions such as University of Notre Dame, Bryn Mawr College and Rice University also experienced a similar trend once they increased their tuition rates (Brickley, Smith and Zimmerman, 2009, p. 110). The president of Ursinus College deduced that the tuition increase affected enrollment rate (increased enrollment). She simply stated that â€Å"people don’t want cheap† (Brickley, Smith and Zimmerman, 2009, p. 110). Today, Susan Hansen, Admissions Director of East Liberal Arts College, wishes to increase tuition and reduce financial aid available to students (Brickley, Smith and Zimmerman, 2009, p. 110). Moreover, she has expressed t hat â€Å"increasing tuition and reducing the amount of financial aid will solve the schools financial problems† (Brickley, Smith and Zimmerman, 2009, p. 110). This will be done by â€Å"increasing an effective tuition from $15,000 to $25,000† (Brickley et al., 2009). She also projects that the tuition increase enrollment from 400 to 600 students (Brickley, Smith and Zimmerman,Show MoreRelatedTuition on the Rise: A Cause of Turmoil1111 Words   |  5 PagesTuition on the Rise: A Cause of Turmoil Today colleges are growing more and more necessary for attaining a solid path towards a successful career, yet the rapidly increasing cost of tuition is driving students away from their dream of attending college, due to the preposterous amount of money that is now being demanded by colleges across the nation and world as a whole. 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