Historically, the cost of utilities has been the dominant area of spending. Although that continued in FY2022, spending rose in every area tracked by the Commonfund Higher Education Price Index.
Broke Scholar's latest analysis—known as The Ramen Index—lays out which cities are most generous with student discounts and scholarship rewards for those who need to live on a shoestring.
Market conditions were "insurmountable" for Cazenovia College, which faces a deficit of several million dollars after a 40% decline in enrollment and investments made to cope with COVID.