Revenue Dip for Private Colleges - Jack Stripling, Inside Higher Ed

Private colleges bolstered financial aid and decreased selectivity to help sustain enrollment in a downward economy, but a significant number still expect tuition and fee revenues to decline this year, according to a survey released today by Moody’s Investors Service. Nearly 30 percent of the 100 private colleges that responded to Moody’s survey project their net tuition and fee revenues to fall in the 2010 fiscal year, which began in July at most institutions. The percentage of colleges reporting anticipated revenue declines is higher than in recent years, when an average of fewer than 10 percent of those surveyed recorded decreases.