Editor’s note: eCampus News is exploring the future and potential of microcredentials in a multi-story series. Check back each week for fresh perspectives from educators and industry experts.
Fifteen years ago, the New York Times published an article about the “tuition game,” in which colleges raised tuitions to compete with rival schools and, in response, saw notable increases in their enrollments. In fact, enrollments continued to grow throughout the next four years. And then, suddenly, they began to decline. They have maintained their steady decline ever since.
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