Colleges will have to lower their costs to find more Americans willing to pay their outrageous tuition fees
a small public university that operates close to its margins with an endowment of only $65 million.
What is a public university doing with any endowment
Only 65 million for a small university cry me a river.
Over the past decades universities have become bloated wasteful institutions living on the high times of high tuition funded by student loans for degrees that are mostly useless.
Then they join the chorus of “student debt is too high” and demand that the govt which gave the loans, forgive the loans.
As Kirk says colleges these days are mostly a scam
Let them fire some DEI apparatchiks.
I suggest cutting the worthless DEI departments.
And get rid of all the black, gay, ethnic, underwater basket weaving studies and actually teach useful courses.
I think it’s better for them to go bankrupt first. They can restart teaching what people want or need to know only.
Finally, the myth which developed in the 2000’s about college education(except the hard sciences) being so valuable is dying