question archive Fairfax Community College was discussing to increase tuition fee by 10% for spring 2021
Fairfax Community College was discussing to increase tuition fee by 10% for spring 2021
Subject:SociologyPrice: Bought3
Fairfax Community College was discussing to increase tuition fee
by 10% for spring 2021. Mr. J.J. Monroe, a board member, strongly opposed the decision fearing that the fee increase will drive students away from Fairfax causing a decrease in tuition revenue. However, another board member, Dr. Laila Latifa, disagreed saying that she had done the research to expect enrolment not to drop and tuition revenue to increase. Dr. Latifa's idea won and Fairfax CC increased its tuition fee by 10%. Data for spring 2021 showed that student enrollment has remained flat and revenue from tuition has increased."
-What factors do you think Dr. Laila Latifa considered to make her prediction come true? What factors are responsible for student enrollment to remain flat and tuition revenue to increase despite tuition fee increase? Identify at least three factors and explain each. Please explain in detail
