Conservative syndicated columnist George Will said the following on broadcast television years ago, in context of a presidential election:
More advance economies benefit from "value add", pouring near worthless sand in at one end, and producing valuable Silicon nanocircuitry.
It's a competitive world. As individuals we compete for the best spouse, the best jobs, the best residential neighborhoods, the best schools for our children, the best car, etc.
Nations also compete. George Will mentioned how much of our labor force in 1940 was involved in agriculture.
As the U.S. job market progresses toward college degree prerequisite our generations old K-12 education standard grows progressively less adequate.
Education is key to progressive U.S. prosperity, and our colleges & universities are key to providing it.
By Eric Revell FOXBusiness College Published October 6, 2026 4:41pm EDT
Young Americans are reconsidering the value of a college degree given the high cost of college and the prospect of taking on student loan debt, which is prompting some colleges and universities to cut tuition costs to attract students and boost enrollment.
A report by Bloomberg noted that several colleges and universities have announced plans to lower their tuition either this year or in the next academic year when students arrive on campus in fall 2027. For example, Emory & Henry University historically offered significant merit scholarships amounting to up to $23,000 to help students negate some of the $40,000 price tag they faced, the report noted.
However, the school moved to reduce tuition by half to $19,900 for undergraduate students this academic year to lower the sticker price students are evaluating, while still offering merit scholarships up to $5,000 and covering tuition costs for certain in-state students from Virginia who meet income criteria.
"Our tuition reduction plan was just one piece of a larger strategic enrollment strategy," said Dr. Louise "Lou" Fincher, president of Emory & Henry University, told FOX Business. "Ultimately, we wanted our published tuition to better reflect the real cost of an Emory & Henry education."
www.foxnews.com
Why now?
What would have prevented $tuition reduction years ago?
Will the current education structure in the U.S. provide qualified employment applicants for our future labor market, at this A.I. dawn ?
Third world economies may rely on commerce in natural resources, mining, forestry, etc.
More advance economies benefit from "value add", pouring near worthless sand in at one end, and producing valuable Silicon nanocircuitry.
It's a competitive world. As individuals we compete for the best spouse, the best jobs, the best residential neighborhoods, the best schools for our children, the best car, etc.
Nations also compete. George Will mentioned how much of our labor force in 1940 was involved in agriculture.
As the U.S. job market progresses toward college degree prerequisite our generations old K-12 education standard grows progressively less adequate.
Education is key to progressive U.S. prosperity, and our colleges & universities are key to providing it.
Colleges are slashing tuition prices as students balk at soaring costs
Several schools are reducing college tuition as student loan debt fears reshape higher educationBy Eric Revell FOXBusiness College Published October 6, 2026 4:41pm EDT
Young Americans are reconsidering the value of a college degree given the high cost of college and the prospect of taking on student loan debt, which is prompting some colleges and universities to cut tuition costs to attract students and boost enrollment.
A report by Bloomberg noted that several colleges and universities have announced plans to lower their tuition either this year or in the next academic year when students arrive on campus in fall 2027. For example, Emory & Henry University historically offered significant merit scholarships amounting to up to $23,000 to help students negate some of the $40,000 price tag they faced, the report noted.
However, the school moved to reduce tuition by half to $19,900 for undergraduate students this academic year to lower the sticker price students are evaluating, while still offering merit scholarships up to $5,000 and covering tuition costs for certain in-state students from Virginia who meet income criteria.
"Our tuition reduction plan was just one piece of a larger strategic enrollment strategy," said Dr. Louise "Lou" Fincher, president of Emory & Henry University, told FOX Business. "Ultimately, we wanted our published tuition to better reflect the real cost of an Emory & Henry education."
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Why now?
What would have prevented $tuition reduction years ago?
Will the current education structure in the U.S. provide qualified employment applicants for our future labor market, at this A.I. dawn ?
