Colleges dangle tuition deals to head off harsh economic reality

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Even after billions in stimulus cash, cracks are forming in America’s higher education system. Nowhere are those problems more prominent than in Pennsylvania.

In just the past year: Philadelphia’s two-century-old pharmacy and healthcare school, The University of the Sciences, proposed a merger with nearby Saint Joseph’s University after facing multimillion-dollar deficits. La Salle University’s credit rating was cut to junk after posting an operating shortfall. And Washington & Jefferson College outside of Pittsburgh faces growing operating deficits after a double-digit percentage drop in enrollment over the last two years.

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