Space: The final frontier in the search for full-pay students?

In order to maximize net tuition revenue, higher education employs a high-price, high-discount model. But just as trees don’t grow to the sky, this strategy can’t work forever—the U.S. is running out of students who can pay full tuition. Students are tapped out: in the 2014-15 school year, 86 percent of first-time full-time freshmen received financial aid. More...