Concordia University in St. Paul took the plunge this year, cutting tuition by $10,000, and saw enrollment skyrocket. Now a handful of other colleges nationwide are making similar moves. But are they setting themselves up for trouble?
An article in Inside Higher Ed argues that they may be:
"The cuts are neither a panacea for small private colleges nor a true solution for the ever-rising costs of higher education in America, according to others who have tried. Some also predict that, done improperly or by the wrong institution, tuition cuts could ruin some small private colleges by decreasing their allure."