From Harvard University to California’s 3 million-student community college
network, the American system of higher education is in turmoil. The economic
crash is upending each step in the equation that families use to determine where
students will spend four of their most formative -- and expensive -- years.
Today is the deadline that most schools set to receive a decision from accepted
Independent colleges that lack a national name or must-have majors are
hardest hit. Many gorged on debt for construction, technology and creature
comforts. Now, as endowments tumble and bills mount, they’re struggling to
attract cash-strapped families who are navigating their own financial woes.
Read the rest of the article here.
Sunday, May 3, 2009
Does America Have Too Many Colleges and Universities?
Posted by Free Market at 12:57 PM