Chris Brown, President Trump, Washington Post Education discussed on Afternoon News with Tom Glasgow and Elisa Jaffe
And import Lisa Jaffe. I'm Taylor van Cise with Tom glasco among the headlines we're following today. Singer. Chris Brown was arrested in Paris on suspicion of rape. French police say Brown and two other men were detained yesterday a twenty four year old woman alleging she was raped at Brown's hotel room. But he denies that and lawyers for President Trump in Los Angeles today. Asking federal judge to toss out a lawsuit from porn. Actress stormy Daniels Daniels challenging a nondisclosure agreement over hush money payments regarding an alleged affair with Mr. Trump in two thousand six his lawyers say the suit is no longer relevant. A soaring tuition as soaring tuition scares off many families, a growing number of private colleges have embraced an unusual marketing tactic for their industry, a price cut Washington Post education. Reporter Nick Anderson watching the trend, and he spoke with komo's Bill O'neil. Nick, we're talking about some deep cuts intuition cost of these schools. What's driving this movement? It's safe to say that education is price sensitive and probably there's a fair number of families out there in the middle class who look at fifty thousand or sixty thousand dollar tuition bills and say, whoa. I'm not sure I can afford that. So that prevents those schools from actually even getting interest from those families, even though the schools have significant financial aid or discounts that they can offer if they lose the customer at first blush, then they have a problem now, this can be a big risk reward proposition for these schools on one hand, it's the selling point as you said on the other there is that reduced revenue. Yeah. Remember, the bottom line is they have to bring in as much money per student as they can in order to meet their expenses. Now. Oftentimes, our perceptions of colleges are shaped by the super wealthy colleges that have large endowments. But frankly, those colleges are not the majority of colleges in America most colleges get by from year to year on tuition, so the net tuition that they get per student is what they used to pay professors to keep the lights on to have classrooms and so forth. And if you wanna have small class sizes with decent dorms of decent food service. Well, you have to charge a certain amount. And if you lower your sticker price too, much, you risk cutting into the net revenue in such a way that your college could frankly suffers losses, that's the thing. They're juggling. Of course at this point. We're talking about a relatively limited number of schools here. How likely is it though, then more will follow suit for every school that does it. There's probably five or ten more that are thinking about it. Remember that it's very much a marketplace. And they're competitive so college X down the road, if they cut their prices than college y in college is gonna look at that, very carefully instinct will shoot what do we need to do? Do we need to think about cutting crises in order to stay competitive? That's a little bit of what's going on. I would say another thing. In the public sector. There's there's perennial debate about tuition people expect a reasonable to and for in state students in the public sector, sometimes people expect free tuition in the public sector. There's a movement for free college tuition among some democratic politicians certainly in a few Republicans that also probably shapes the debate here because people think oh, well, if my college can be free or almost free the public's what can you do for me in the privates? Can you make batch that? And that's probably also.