Will universities close?

[cptacek]

Getting ready to thrust this thread into a different direction...

Originally Posted by maat55

I wonder if lowering prices might help. Might work like lowering taxes on investing. Raising costs and expenditures, does not work in any arena. IMO.

We are talking about the bastions of liberalism here. Of course they won't subscribe to "trickle down" anything.

[Ralph]

I think the credit crunch will force many out of college. Hopefully the prices will start dropping - they are totally out of touch with reality.

[Cassandra]

My school has faced a lot of budget cuts. No faculty has been let go because of the budget cuts but they have cut a lot of programs (free tutoring, career center, etc.). and raised tuition. They are also thinking of cutting some of the foreign language departments, mainly the French and German ones. Which means I need to declare my French minor very, very soon...

[Like2Plan]

They haven't set tuition rates for next year, yet. But on the news they said it looked like with the budget shortfalls, they are looking at a 10% increase for VA schools...

[disneysteve]

Originally Posted by disneysteve

On a separate but related note, I read recently that we will probably see a number of hospital closures in 2009 as they succumb to rising costs, shrinking insurance reimbursement, higher default from patients who can't pay their bills and cut backs in state aid for treating the uninsured.

There was an article in the Philly paper about a specialty breast cancer hospital in Bucks County, PA that announced they are closing next month, so this is, in fact, happening.