Colleges dangle tuition deals to head off harsh economic reality

By: | August 31, 2021

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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