This preview has intentionally blurred parts. Sign up to view the full document

View Full Document

Unformatted Document Excerpt

Running Head: TUTITION Raise or Lower Tuition? Johnnisha Burton ECO 204 Principles of Microeconomics Nicholas Bergan May 27, 2013 Raise or Lower Tuition? It seems that many would think that by raising tuition it would in turn have a positive effect on tuition, and in a way it does and it also falls short. The main reason tuition is raised is to potentially increase revenue for the school. This would work if there was not a decrease in funding through the state, this means that from the start they are working with an even lower budget then that of the previous year. The state of our economy plays a role in the amount that would be efficient enough to at least maintain operations. Any additional revenue that is generated through higher tuition is only to make up the difference of money that was lost that the government was once providing (Marklein, 2008). In reviewing this information it was clear that more revenue was not looking like a reality and higher impact would impact enrollment which in turn decreases revenue. So increasing tuition needs to be determined carefully to not negatively turn decreases revenue.... View Full Document

End of Preview

Sign up now to access the rest of the document