Dr. Richard Vedder
Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, wrote a column at Forbes headlined “The Flight To Quality In College Admissions.”
What explains why some colleges are desperate for students, facing enrollment declines threatening institutional survival, while other schools are not facing falling enrollments nor related budget woes? Is the determining factor how rich the school is (does it have a high endowment or lots of alumni donations)? Or are enrollments heavily related to geography and demographics: is the school in an area of rapid population growth or in an older industrialized area—the Rust Belt—with stagnating populations and a net outflow of migrants?
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