<p>I found this article from the NYT interesting in relation to this topic. Better check the bond rating on the schools offering your student a 50% discount/merit aid award. Public, private, large and small, everyone’s been hit by the economic downturn. I’m paraphrasing the article here, but some schools are still under the impression that this is a temporary downturn, while most informed schools realize this is the ‘new normal’.</p>
<p>Colleges Struggling to Stay Afloat
<a href=“Many Colleges and Universities Face Financial Problems - The New York Times”>Many Colleges and Universities Face Financial Problems - The New York Times;