University of Charleston: How we cut tuition by 22%

CNNMoney - Interview

February 7, 2012

After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students. Tuition for new students will be $19,500 per year beginning in August - down from the current rate of $25,000. In an interview with CNNMoney, the university's president, Dr. Edwin Welch, explains why he took this unusual step and what the impact has been so far.

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