In that post, The Motley Monk discusses how the tuition bubble may be imploding at the nation's Catholic institutions of Catholic higher education. For example, at the University of Scranton, the problem involving enrollments and finances has been brewing for a couple of years, but evidently came to a boil at Scranton with increased operational costs and a smaller than expected entering freshman class in 2013. Having already reached the “price point” that students and parents were willing to pay or indebt themselves for a Scranton degree, a tuition increase was off the table. Hence, the cuts announced yesterday by the institution's President, the Reverend Kevin P. Quinn, SJ.
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To access The Motley Monk's post at The American Catholic, click on the following link: