NAICU President David Warren Comments on the 2012 NACUBO Tuition Discounting Survey

May 06, 2013

WASHINGTON – The National Association of College and University Business Officers (NACUBO) today released the 2012 edition of the NACUBO Tuition Discounting Survey.  David Warren, president of the National Association of Independent Colleges and Universities, issued the following statement on the report:

 “America's private, non-profit colleges and universities are committed to enrolling a diverse cohort of students, regardless of financial need, to meet the human resource needs of the nation.  The 2012 NACUBO Tuition Discounting Survey illustrates this commitment by noting that nearly half of private colleges forego tuition revenue or discount tuition to assist families in a weak economy.   This is just one of many efforts by private colleges including containing tuition increases, increasing student aid budgets, and increasing productivity and operating efficiency.  In fact, private colleges had the lowest rate of tuition increases in 2012 (3.9 percent) since 1976, and have increased student aid approximately 7 percent per year over the past four years.

“While the financial outlook for private, nonprofit colleges and universities is challenging, enrollment in the sector has grown by 25 percent over the past decade. These are mission driven institutions with a history of resiliency, innovation, and adaptation.  Moving forward, there will continue to be a demand for diverse marketplace of institutions that serves  any different niches.” 

David Warren
President, NAICU 

NAICU serves as the unified national voice of independent higher education. With more than 1,000 member institutions and associations nationwide, NAICU reflects the diversity of private, nonprofit higher education in the United States.  NAICU members enroll nine out of every 10 students attending private, nonprofit institutions. They include traditional liberal arts colleges, major research universities, church- and faith-related institutions, historically black colleges, Hispanic-serving institutions, single-sex colleges, art institutions, two-year colleges, and schools of law, medicine, engineering, business, and other professions.



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