by James A. BaconWow, the James Madison University board of visitors voted Friday to keep tuition charges flat for in-state and out-of state students. The action follows decisions by the College of William & Mary, Virginia Commonwealth University and Christopher Newport University to freeze tuition and fees next academic year. Many economists are warning of a deflationary economy, in which overall prices decline, which would mean that holding tuition, fees, room and board steady is the monetary equivalent of a price increase. But there are few signs that many Virginia institutions are taking precautionary measures in case enrollments and revenue head south. The top brass at the University of Virginia as well as the athletic director and several coaches are taking pay cuts as well.

Source: Wall Street Journal May 17, 2020 18:17 UTC