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NIH is funding ~10% of RO1's. It's hard out there for a pimp.
Interesting article on college tuition in the WSJ. Could the final surviving component of the housing debt bubble, outsized tuition, finally be bursting?
For the fiscal year, which for most schools ends this June, 18% of 165 private universities and 15% of 127 public universities project a decline in net tuition revenue. That is a sharp rise from the estimated declines among 10% of the 152 private schools and 4% of the 105 public schools in fiscal 2012.
The financial pressures signal that many schools are starting to capitulate to complaints that college has become unaffordable to many American families, observers say. At least two dozen private colleges froze tuition this fall, roughly double the previous year's total.
"It's pretty clear that pricing power of colleges has reached an inflection point," said John Nelson, a managing director at Moody's who oversaw the survey team.
The demand for four-year college degrees is softening, creating an inflection point that is sapping pricing power at a growing number of U.S. colleges and universities, according to a new survey by Moody's Investors Service.
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