The fall in asset prices (such as subprime mortgage backed securities) during 2007 and 2008 caused the equivalent of a bank run on the U.S. shadow banking system, which includes investment banks and other non-depository financial entities.
The overall cost for on-campus students to attend Morehouse College in 2014-2015 was $47,300. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.2% each year.
Morehouse College has an admissions yield of 34.4%, which is about average compared to the average for similarly selective schools (36.8%). Further, this is a lower rate than the average yield for Georgia (44.8%). This means that 598 students enrolled out of the 1,738 students admitted in 2015.