GWU Doesn’t Think There’s A Recession
George Washington University is raising its notoriously high tuition. We are gonna have to update our story on the institution. Can someone please explain to me what GW is known for? Is it really worth the money? It can't possibly be worth money.
AP reports:
"George Washington University's board of trustees has voted to increase tuition by 3 percent to $41,610, for students who enroll this fall.
Trustees say the university will continue a program that locks in for five years tuition costs and university grants for students.
GWU's tuition is among the highest in the nation. Incoming students will pay $51,775 to attend, which includes tuition, fees, room and board."
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10:28 am
I think GWU knows all too well that there is a recession. Anecdotally, I know that AU's Washington Semester program has seen a big dip in enrollment. I suspect GWU has seen the same.
That means a shortfall in revenue, which they are trying to make up. I think there problem is a total inability to realize that, in today's climate, a lowering of tuition might actually increase enrollment and therefore revenue.
And, no, it's not worth it.
12:04 pm
As a GW alum, I can say, no it's not worth it. It was great to go to college in the middle of the city, I got a good education .... but no it was not worth the price tag. Boo GW.
4:24 pm
People should stop assuming prices fall during recessions, the opposite is just as likely.
9:35 am
As a GW alum, I'd have to say that the education I got was definitely worth the price tag.
Of course, I didn't pay anything remotely close to full price. GW's approach to tuition is practically socialist; it's a "soak the rich to pay for the poor but bright" system.