These 4 Colleges Just Launched Big Tuition Cuts

These 4 Colleges Just Launched Big Tuition Cuts Photo (cc) by IllinoisLibrary

The problem of increasing college tuition costs is such that some presidential candidates have made tackling the issue part of their platform.

The soaring cost of a degree also has decreased enrollment at many colleges, but that side effect has prompted some colleges to offer a variety of deals to a variety of students, Money reports.

The magazine cites the following colleges as recent examples.

Austin Peay State University (Clarksville, Tennessee)

  • The deal: A reduced tuition rate, which is $195 per credit hour for full-time undergraduate students.
  • The terms: Available to students within a 250-mile radius, which includes parts of 11 states besides Tennessee.

University of Maine (Orono, Maine)

  • The deal: A matching program that offers prospective students the same tuition rate as their home state’s flagship institution.
  • The terms: Available to students from New Hampshire, Massachusetts, Connecticut, Vermont, New Jersey and Pennsylvania.

Rowan University (Glassboro, New Jersey)

  • The deal: A “3+1” program that will enable students to spend three years at select affiliated community colleges and one year at the university — reducing the cost of a bachelor’s degree to an estimated $25,000.
  • The terms: Those community colleges include only Rowan College at Gloucester County and Rowan College at Burlington County.

Utica College (Utica, New York)

  • The deal: An “affordability” initiative that reduces tuition and fees by 42 percent, bringing them down from about $34,000 to about $20,000.
  • The terms: Available to undergraduate students.

For Money’s full list, click on the link above.

For more ways to reduce the higher-education bill for you or a loved one, check out “5 Ways to Dramatically Reduce the Cost of College.”

For help with student loan debt, visit the Money Talks News Solutions Center.

What’s your take on such programs? Let us know below or on Facebook.

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