Concerns raised about sustainability of IC’s budget model - Madison Fernandez, THE ITHACAN

Ithaca College’s sticker price has seen a sharp uptick in the past decade. It currently sits at $61,132 for tuition, room and board for the 2019–20 academic year. Due to these rising costs, it is unclear if students can continue to bear the weight of generating the bulk of the college’s revenue. “It’s an industry challenge,” said William Guerrero, vice president of the Division of Finance and Administration. “Certainly, cost of attendance is a concern of mine. And so what is happening is you have a lot of financial aid … to make that really affordable. But is it … really sustainable? I don’t believe it’s sustainable.” https://theithacan.org/news/concerns-raised-about-sustainability-of-ics-budget-model/