Wednesday, February 16, 2011

Trying Tuition

College tuition seems to be rising every year to keep up with the economic downturn. The rise in prices has had a negative impact on the less wealthy people trying to send their kids to college. Because of less people being able to afford tuition, some colleges have decided to lower the costs to get more applicants. One of these colleges is a liberal arts school called "Sewanee" located in Tennessee. They have lowered the cost of tuition by 10% to compete with other schools. The Vice Chancellor at Sewanee remarked, "The University has made a bold and perhaps risky move" The Vice Chancellor is right, as Sewanee is the first top tier liberal arts school in the country to try something like this. It's very encouraging to see that some colleges are taking into account the financial situations of many Americans in times of strife. Many people in the United States don't have enough money to pay for college, and schools will have to adjust their prices in order to account for them.

http://www.nytimes.com/2011/02/17/education/edlife/17tuition.html?ref=us

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