“South Carolina”

As the stock market gyrates and talk of a new recession begins, many universities have reason to worry. The cost of college education hasn’t stopped rising, students are fearful of being burdened by debt, and political pressure is beginning to weigh in. Congress is entertaining a bill that would require 25 percent of a school’s endowment spending to go toward student financial aid, and several presidential candidates have unveiled plans to solve the student debt crisis. At the state level, the return of state support to its pre-recession levels may be in jeopardy. But a few universities have chosen to take a different route. In addition to looking for more state revenues, they’ve found ways to reduce their expenditures and to ease the financial burden on students.