“Facing stagnant family income, shaky job prospects for graduates and a smaller pool of high-school graduates, more schools are reining in tuition increases and giving out larger scholarships to attract students. Moody’s also attributed the enrollment decline at some public universities to a ‘heightened scrutiny of the value of higher education’ after years of tuition increases and stagnating family income. The credit-rating firm said in its report that more students are ‘increasingly attending more affordable community colleges, studying part time, or electing to enter the workforce without the benefit of a college education.'”
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