Tuition Rates Rising, But Colleges Struggling To Make Ends Meets - 47 ABC - Delmarva's Choice

Tuition Rates Rising, But Colleges Struggling To Make Ends Meets

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SALISBURY, Md - As tuition rates are rising, colleges and universities are still not bringing in enough revenue to make ends meets.

"We have been seeing an actual decline in enrollment with higher education. Several years ago we had capped out at 4,500 students. Fall of 2013, we finished up with just over 4,200 students. There was about a 200 student decline over the last several years," says Anthony Jenkins, Vice President for student affairs and enrollment management at the University of Maryland, Eastern Shore.

Here on Delmarva, many universities have not felt the impact, even though they acknowledge that this is a growing concern.

"Some of the research I've seen says that a number of colleges are not getting the enrollment that they need. In fact, this is probably the highest rate in the past decade or so of institutions not making their class by a significant margin," says Aaron Basko, Assistant Vice President of enrollment management at Salisbury University.

Tuition revenue is expected to decline by 28% at public universities and enrollment is expected to fall as the economy is improving. Some of the reasons include more people opting to join the workforce as opposed to retuning to campus and less students are traveling out of state for college.

"I don't think we'll see some colleges that aren't able to continue to make it work financially over the next decade," says Aaron Basko.

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