Tuition Resets – A Real World Perspective
During my career, I have served as the lead strategist for several tuition resets, either as a part of an institution’s strategic leadership team or as a consultant. Before implementing this strategy, the leadership must prepare a financial model, best overseen and reviewed by an experienced outside consultant. The consultant should support that the desired outcomes are probable and should be able to justify that market conditions are favorable if the institution decides to lower tuition.