HIGHER EDUCATION BUBBLE UPDATE: Ashland U. Slashes Tuition by 37%. “Instead of being charged an estimated $30,000 for the 2014-15 academic year, the roughly 3,200 undergraduates at Ashland will pay a little less than $19,000—a decrease of 37 percent. And while the university is also reducing the institutional financial aid it offers, it says it is still lowering the net price that most students will pay. The changes in tuition and aid are meant to reduce the sticker shock that potential students and parents might experience when weighing Ashland against other college choices, campus officials said in a news release.”
This is good. I’m glad I ran across this because I’ll be speaking on the higher education bubble at the Ashbrook Center at Ashland next week. Glad I’m appearing before Mark Steyn, rather than having to follow him . . . .