The Hechinger Report

Colleges Say They Could Lower Tuition If They Could Talk to Each Other About It

August 01, 2017

Since then, colleges have found themselves in an escalating arms race, giving bigger and bigger discounts to fill seats. Small private, nonprofit colleges this year discounted student costs, in the form of financial aid, by an average of 51 cents of every dollar, according to the National Association of College and University Business Officers. And more of that aid went to students who could afford to pay without it.

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