Pricing should be market driven Pricing strategies should assure access Pricing strategies should engage businesses Tuition should be predictable over time These principles, and 12 others that emerged from the process, have yet to be considered by the Board of Trustees of the Minnesota State Colleges and Universities, but I am hopeful that some will have an impact on the tuition-setting process. In planning discussions for the conference, and at the meetings themselves, other intriguing ideas were suggested by Chester Finn, who was the conference keynote speaker, and others. I start from the premise that higher education is one of the last of society's institutions to undergo fundamental reform. The other is corrections. Health care, welfare, military and industry all have been radically reorganized.
Higher education is simply naive to think it is immune.
Health also has public and private hospitals and medicine, both secular and religious. Think of professors as doctors, staff as nurses, students as patients. The airline industry also has undergone a massive reorganization. This is all based on the logic that any revenue for a seat is better than an empty seat. For example, state subsidies plus tuition might pay for the equivalent of five undergraduate years but all subsequent credits would be priced at full cost.