MarketPR
Jeffrey Docking, president of Michigan-based Adrian College, stated that higher education leaders are responsible for lowering tuition costs annually, citing Syracuse University's current financial distress as a national bellwether.
Speaking to Fox News Digital, Docking argued that institutions must collaborate to reverse rising costs, describing the situation at Syracuse as indicative of a broader structural crisis affecting private and regional public universities.
Docking's comments followed a Wall Street Journal report detailing Syracuse University's enrollment and financial challenges.
The Central New York institution faces a 1.5% budget shortfall and carries nearly $500 million in debt related to new residence halls.
Keep reading