Why Colleges Raise Tuition: 446 Schools Explain Price Hikes

13 hours ago 5

Rommie Analytics

Michigan State University entrance sign in East Lansing, one of 446 colleges that had to explain tuition and price increases to the U.S. Department of Education
Key Points
  • 446 colleges with the fastest price increases had to explain them to the Education Department, and 60% said they have no plan to lower costs.
  • A handful admitted federal aid or competitors’ prices drove their increases, including one that wrote “we could increase the prices” after joining federal aid programs.
  • Many hikes reflect prices rebounding after COVID-era discounts, while the share of students taking online classes at these schools rose from 33% to 53%.

“We were Title IV approved, now students don’t h...

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