"Tuition"

Theresa M. Odom

ECO 204

MelvinLandry

April 1, 2014

Tuition

There are many factors in the determination of tuition prices and their outcomes. The option to raise tuition prices would bring in more revenue per student but potentially lower the enrollment rate, whereas lowering the tuition prices would potentially increase the enrollment rate but there would be less revenue per student. Both of these scenarios have multiple factors that also play into the rise or fall in revenue and I will discuss my opinion on each.

So, in an attempt to raise more revenue, Nobody State University increases its tuition. There would have to be a high enrollment rate based off of a great education provided at the school to warrant a raise in revenue. Whereas, if there was a below...