Engage your prospective students through strategic tuition pricing.
Across-the-board tuition rate increases at two or three percent at a time quietly disconnect the institution from the value and return-on-investment upon which your future students and families evaluate you. As demographic challenges, perceptions about higher education, and pressure on discounts rates create challenges in recruiting students, colleges and universities can appeal to prospective students through a realignment of tuition pricing structures.
Human Capital Education builds tuition and fee pricing strategy from market evidence and backed by data. We combine competitive price analysis, willingness-to-pay research, and statistical modeling of the institution’s own enrollment history to project how a given price change impacts applications, yield, class composition, and net tuition revenue. We devise a custom tuition and pricing strategy at the institutional, college, and program level so you can more effectively communicate value to prospective and current students.
Human Capital’s experts at Kennedy and Company studied 72 four-year institutions that reduced published tuition by 10 percent or more between 2012 and 2019, compiling twelve years of data on big moves in higher education pricing. We discovered that the size of the tuition reset does not determine the outcome. Across institution type, size, and location, your tuition and fee pricing structure requires a thoughtful approach that aligns with your value proposition. We help schools execute tuition and fee pricing strategic that protects net tuition revenue, improves yield and strengthens your brand story.
In a first conversation about Tuition and Fee Pricing Strategy, Human Capital Education reviews how your published price and fee structure are currently impacting your institution’s recruitment and net revenue. We help you understand where pricing modeling can positively impact enrollment and budget.