College Affordability Improves
“I believe that we parents must encourage our children to become educated, so they can get into a good college we cannot afford.”
- Dave Barry –
In a classic example of supply-and-demand and in response to the realities of an economy that has left many people lacking the wherewithal to meet the post-secondary educational needs of their offspring, some colleges are getting creative in an effort to attract more students.
In his article “Colleges slashing tuition, offering 3-year degrees,” columnist Blake Ellis, writing for CNNMoney, cites examples of the “extreme measures” some institutions of higher learning are taking to increase the student body head count. Among them:
Cutting tuition by double digits
Freezing tuition hikes
Offering three-year degree programs
Offiering four-year graduation guarantees
While not all halls of ivy are embracing this approach to making a college degree more affordable, this is certainly welcome news for anyone looking to pursue higher education.
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