Survey Reveals Financial Troubles at Private Four-Year Colleges
August 16, 2018
Inside Higher Ed’s latest survey of business officers reflect declining confidence in financial stability at four-year private colleges. In the 2018 Survey of College and University Business Officers, 68 percent of financial officers at private four-year institutions say that they cannot sustain their tuition discount rate. The number is a nine-percent increase from 2017 and a 21-percent rise from three years ago. Other notable findings were that nearly one-quarter (24 percent) of private college financial officers say their leaders have held serious talks about merging with another school, and 26 percent of officers believe their institution should merge with another.