Two opposing tuition decisions this week illustrate a growing fissure in higher‑education pricing. Nevada’s System of Higher Education approved a multi‑year plan to raise tuition and fees up to 12% at four‑year campuses to cover the loss of more than $57 million in expiring state bridge funding and to close projected budget gaps; leaders warned as many as 317 jobs were at risk without new revenue. At the same time Yale University expanded its undergraduate tuition‑guarantee, now offering free tuition for families earning under $200,000 and covering total cost of attendance for those under $100,000. Yale’s move aligns it with a small set of elite institutions raising income thresholds for full scholarships and is intended to simplify aid communications for applicants and families. The contrast—state systems raising revenue as elite private institutions expand aid—underscores pressure on public budgets, local funding politics and competitive positioning in recruitment. Financial officers will watch how these decisions affect enrollment, transfer flows and donor appeals.