College Tuition ‘Buyer’s Market’

Monday, 06 May 2013 | by Pat's Picks

The Wall Street Journal says it’s a “buyer’s market” for college students. Colleges aren’t actually cutting their sticker price, but the amount of aid being offered is rising, which is effectively discounting tuition. It’s an attempt by schools to keep their enrollments up as tuition prices have skyrocketed over the last few years. On average, the “tuition discount rate,” which measures the savings available through scholarships and grants, hit a high of 45 percent.

SOURCE: Wall Street Journal