Weekly Market Update

RECENT TUITION DISCOUNT DATA

Thursday, March 21, 2019

The average tuition discount rate for first-time, full-time freshmen during the 2017-2018 academic school year was 49.9%, according to NACUBO. College Board recently reported that average tuition at a private nonprofit four-year institutions is $35,830, but that, on average, students are paying $14,660 after financial aid, during the 2018-19 academic year. A high discount rate to attract students may be particularly damaging to tuition dependent institutions. Several small private colleges have announced their closures in the recent months citing student loss or financial difficulties, and Moody's Investors Service expects closures and mergers to increase in the coming years.

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