July 28, 2015
Why Drexel U. Tamed Its Application Monster
When applications fall, trouble often follows. So when Drexel University saw about half as many applicants this year as last, it braced for a smaller freshman class — and less revenue. In June the institution laid off a few dozen employees, part of a restructuring plan already underway to save $18 million while reducing tuition increases. Those cuts went hand in hand with a new enrollment strategy.