How Recession Will Change University Financing
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July 25 (Bloomberg) -- The latest recession will probablybe seen as a turning point for college and university financing.
Indeed, the initial reaction by many youths to soaringunemployment was to stay in or return to college to wait out thebad times and get better prepared to face a tough job market.For-profit and community colleges have been especiallyattractive, and in the fall of 2011, there were 22 percent morestudents enrolled in the nation’s 1,200 community colleges thanin the fall of 2007. Nevertheless, less than half graduate.