NAICU - Some colleges cut tuition, hasten graduation

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Some colleges cut tuition, hasten graduation

Reuters

February 3, 2012

Even before President Obama announced plans last month to push colleges to improve affordability, a number of schools beat him to the punch by lowering tuition and helping students graduate in fewer semesters. These schools - typically small private colleges that lack the cachet of top-tier colleges and compete with less expensive state schools - are bucking the widespread trend of increasing costs. In the last year, a few have cut tuition by as much as 20 percent. Others promise that students will earn their degree in four years or the college will pick up the cost of additional coursework.

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