The College Board has reported a decrease in student loan borrowing and an increase in grant aid, as colleges face declining enrollment and growing skepticism about the value of a degree. This shift is attributed to public college tuition not keeping up with inflation, while schools are offering more grant aid, reducing the real cost for students. As students become more cautious about taking on loans, colleges may need to reconsider their tuition pricing strategies. Education experts suggest these changes could lead to a reevaluation of how schools charge for education in the future, especially in light of the enrollment decline and uncertain state funding.
