Thursday, September 12, 2013

After Minnesota college lowers tuition, enrollment soars - Associated Press

After slashing its annual tuition by $10,000, Concordia University in St. Paul is now preparing for one of its largest entering classes in decades. The college rolled back its undergraduate tuition this fall from $29,700 to $19,700. The result is a 65 percent jump in the number of new students, both freshmen and transfers. "I was pretty excited," said Margot Cowing, of Springdale, Ark., whose son is an incoming freshman. "Most places are raising tuition — nobody's cutting." School officials announced the tuition drop last year after realizing the sticker price might be scaring away potential students. The college was already subsidizing more than 40 percent of tuition costs with grants and scholarships, so executives decided to just lower tuition outright. http://www.inforum.com/event/article/id/410881/group/News/