News / USA

US Colleges Face Enrollment Shortfalls, Offer Discounts, says Report

Scene at US collegeScene at US college
x
Scene at US college
Scene at US college
Reuters
Many leading U.S. colleges and universities face a shortfall in enrollment for fall classes and will offer price discounts as they compete for students in an ever expanding higher education market, according to Forbes.
 
The magazine highlighted 50 public and private U.S. colleges listed in the Princeton Review's “Best Colleges” list that are still accepting students in their 2013 freshman classes.
 
In their scramble to fill empty seats, colleges are likely to offer significant tuition discounts in the form of grants in a type of free market pricing that goes on behind the scenes, Forbes said.
 
“There are many more colleges in the United States than is economically viable,” wrote Matt Schifrin, managing editor of investing content at Forbes Media. “Many colleges make deals with families, offering significant rebates to their advertised prices.”
 
Among colleges still seeking students for fall classes are Lewis & Clark College in Portland, Ore., the University of Maryland, College Park, The New School in New York City, Arizona State University in Tempe, Ariz., and Illinois Institute of Technology in Chicago, according to Forbes.com.
 
Its list includes more selective schools but the National Association of College Admissions Counselors counts 288 colleges nationwide that have reported having space for incoming freshmen this fall.
 
The rising price of college tuition scares families and parents, but they can get discounts if they look, Schifrin said.
 
Average tuition and fees alone at private nonprofit  four-year institutions rose $1,173 or 4.2 percent to $29,056 in 2012-13, according to the College Board. The costs are not much lower for out-of-state students at public four-year institutions where average tuition and fees rose $883 or 4.2 percent to $21,706.
 
Although most colleges ask for deposits from accepted students by May 1, Forbes said it's not too late to apply.
 
Most schools on the list offer grants and scholarships to at least 90 percent of their incoming freshman, with some schools' average grants exceeding $20,000.
 
For example, 99 percent of incoming students receive a grant or tuition rebate from Juaniata College, a private liberal arts college in Huntingdon, Penn., according to Forbes.
 
If students meet certain academic qualifications, they should not expect to pay more than half of Juaniata's 2013 tuition rate of $45,590, even if their family's household income is above $200,000, it added.
 
Private not-for-profit schools are the most likely to offer discounts in the form of grants, but Schifrin said that there are relative bargains to be had at public schools, though the percentage of students who receive grants tend not to be as high.
 
The full Forbes list can be found here.

You May Like

UN: 1 Million Somalis at Risk of Hunger

Group warns region is in dire need of humanitarian aid, with at least 200,000 children under age of five acutely malnourished as drought hits southern, central part of nation More

Human Rights Groups Allege Supression of Freedoms in Thailand

Thailand’s military, police have suppressed release of independent report assessing human rights in kingdom during first 100 days of latest coup More

Jennifer Lawrence Contacts FBI After Nude Photos Hacked

'Silver Linings Playbook' actress' photos were posted on image-sharing forum 4chan; Federal Bureau of Investigations is looking into matter More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Ukraine Schools Resume Classes, Donate to Government Forcesi
X
September 02, 2014 12:58 PM
A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video Ukraine Schools Resume Classes, Donate to Government Forces

A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video US Detainees Want Negotiators for Freedom in North Korea

The three U.S. detainees held in North Korea were permitted to speak with foreign media Monday. The government of Kim Jong Un restricted the topics of the questions, and the interviews in Pyongyang were limited to five minutes. Each of the men asked Washington to send a representative to Pyongyang to secure his release. VOA’s Carolyn Presutti has our story.
Video

Video Internet, Technology Offer New Tools for Journalists

The Internet and rapidly evolving technology is quickly changing how people receive news and how journalists deliver it. There are now more ways to tell a story than ever before. One school in Los Angeles is teaching the next generation of journalists with the help of a state-of-the-art newsroom. Elizabeth Lee has this report.
Video

Video Turkmen From Amerli Describe Survival of IS Siege

Over the past few weeks, hundreds of Shi'ite Turkmen have fled the town of Amerli seeking refuge in the northern city of Kirkuk. Despite recent military gains after U.S. airstrikes that were coordinated with Iraqi and Kurdish forces, the situation remains dire for Amerli’s residents. Sebastian Meyer went to Kirkuk for VOA to speak to those who managed to escape.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered at the Union League Club in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.
Video

Video Cost to Raise Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. VOA’s Deborah Block visited with a couple with one child in Alexandria, Virginia, to learn if the report reflects their lifestyle.
Video

Video Chaotic Afghan Vote Recount Threatens Nation’s Future

Afghanistan’s troubled presidential election continues to be rocked by turmoil as an audit of the ballots drags on. The U.N. says the recount will not be completed before September 10. Observers say repeated disputes and delays are threatening the orderly transfer of power and could have dangerous consequences. VOA correspondent Meredith Buel reports.

AppleAndroid