Colleges Tuition Discounts Benefit Students, but Strain University Budgets
The 2017 Tuition Discounting Study, released by the National Association of College and University Business Officers on April 30, showed a continuing effort by colleges and universities to attract new freshman through tuition discounts. For the 2017-2018 school year, the average institutional tuition discount rate is expected to reach 49.9%. These discounts are awarded to students…