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The Financial Landscape of Higher Education
This chapter analyzes the stark endowment disparities among universities and their implications on tuition pricing and financial aid. It critiques the current dynamics of college costs, enrollment challenges, and the evolving perceptions of higher education, particularly in light of demographic changes and institutional trust issues. The discussion also highlights the unique role of Catholic universities in the economic framework of New York City, advocating for a future vision that prioritizes ethical contributions over status.