I agree, the headline is a bit ambiguous .  Apparently tuition revenue is down because the overall  enrollment is down.  

It's interesting to note that during the great rescission enrollment was up and so was revenue.  Instead of being prudent and saving for a rainy-day,  LCC leveraged-out and built their downtown complex, and vacated (and ignored) their old building. 

Now, it seems they're short of funds, and may have to either lay-off staff, cut programs, or even raise tuition.  What were they thinking?!