Sadly, if you can’t afford a 4% hike, then you chose the wrong school to begin with….another example of kids over stretching themselves.
College is a commodity - they can obtain their education elsewhere, likely at less expense.
Fordham acknowledges up front that 65% of kids have need but only 30% have their need met - and we don’t know what that amount is (maybe they are meeting those who require less).
Buyer beware - This isn’t really a Fordham issue but rather widespread.
But as consumers, many are failing.
Maybe college planning for parents and students (a formal course, not a night time meeting) should be offered for families during high school.