Douglas Belkin wrote an article yesterday in the Wall Street Journal based on a study from Moody’s Investors Service. The lede of the article is that “nearly half of the nation’s colleges and universities are no longer generating enough tuition revenue to keep pace with inflation”, which comes from Moody’s interest in institutional financial stability, but I think there are other lessons available. While the revolution in college pricing effects is quiet, it is profound.
It is worth noting that the big changes are based on FY2013 and 2014, which includes survey-based estimates and projections rather than hard data. The article is behind a paywall, but here are some relevant excerpts (read the whole article if you can).