Tag #College Planning

What immediate actions should families take to assess a college's financial stability before making educational investment decisions?

Tennessee State University faced a drastic enrollment drop from 3,500 to 880 first-year students, resulting in 114 layoffs and a $43 million emergency funding request. This highlights the vulnerability of universities to demographic shifts and poor financial planning. The situation underscores the need for families to consider broader financial health factors beyond tuition costs when choosing a college.