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The paper explains that for the most part, the form of tuition discounting plans is one where internal resources are used to supplement tuition and other costs associated with attending college. The paper reveals that tuition discounting plans do not always meet intrinsic or extrinsic goals of the institution, and some even continue to operate such plans even when they mean the institution will be operating at a revenue loss. The paper then discusses the pitfalls of tuition discounting but points out that the point of researching this phenomena is not to point out fault but to create a dialogue that will help answer some of the enduring questions of a market driven higher education system.
From the Paper:"The demands to meet all these goals often lead institutions to tuition discounting, for the various goals of the institution, yet do not always accomplish everything that the institutions hope to accomplish by doing so. Market inflation to some degree is at risk, depending on the goals of the institution and the applications of the tuition discounting plans to again outstrip the ability of institutions and individuals to pay for higher education. When cost reached a high enough level institutions chose to offset costs by paying for them in non-traditional ways. In a more traditional system the offset was met by individuals who simply paid more for tuition, and then expansion of access programs, like government grants and loans."
Sample of Sources Used:
- Davis, J.S. (May 2003) Unintended consequences of tuition discounting5(1) Lumina Foundation For Education Retrieved May 1, 2009 at: http://www.luminafoundation.org/publications/Tuitiondiscounting.pdf
- Corey, S. M. (November 2005) Explanations for an institution continuing to tuition discount even when the results produce negative effects on net tuition revenue. Retrieved May 10, 2009 at: http://www.prescott.edu/faculty_staff/faculty/scorey/documents/Corey2005ExplainingTDwithNegEffects.pdf
- Redd, K. E. (December 2000) Discounting toward disaster: tuition discounting, college finances, and enrollments of low-income undergraduates. 3(2) USA Group Foundation New Agenda Series Retrieved May 10, 2009 at: http://www.luminafoundation.org/publications/discountingtowarddisaster.pdf
Cite this Term Paper:
Tuition Discounting (2011, October 26) Retrieved September 17, 2019, from https://www.academon.com/term-paper/tuition-discounting-148518/
"Tuition Discounting" 26 October 2011. Web. 17 September. 2019. <https://www.academon.com/term-paper/tuition-discounting-148518/>