Private colleges have been aggressively discounting tuition in an effort to boost enrollment, a risky strategy that now may be backfiring as students aren’t signing up in droves, even at sale prices. Tuition discount rates, or the share of gross tuition and fee revenue that schools shell out as grants and scholarships, increased to a record 49.9% for full-time freshmen at private colleges this academic year, according to a preliminary report by the National Association of College and University Business Officers. That is up...

Source: Wall Street Journal April 30, 2018 04:06 UTC