WSJ’s Melissa Korn writes: “Private colleges have been aggressively discounting tuition to boost enrollment, a risky strategy that may be backfiring as students aren’t signing up in droves, even at sale prices.”
“According to the 2011 Almanac of Higher Education, private colleges and universities discounted tuition for all undergraduates by an average or 33.6 percent in 2000 and a rate of 37.1 percent in 2010.”