Private Colleges Hurt by Rising Expenses Despite Tuition Gains
- Fitch says margins fell to the lowest level in over a decade
- Analysts expect pressures to intensify going forward
This article is for subscribers only.
The business of higher education is getting costlier.
Private US colleges raised their prices, but still saw margins fall to the lowest level in over a decade in the 2023 fiscal year, according to a report published this week by Fitch Ratings. The declines hit schools across the sector, but were sharpest among lower-rated institutions.