June 29, 2009 - Tuition Increases Hit Record Low
If you plan to support a young college student, you know the importance of rising tuition costs. A recent nationwide survey has found that tuition, while on the rise, will see less of an increase this year than any year since the 1972-73 school year.
Tough times have forced veteran instititions to enact hiring freezes, halt new construction, and rely more heavily on endowments. However, analysts warn that this year’s mild increase in tuition rates may be followed by tougher choices down the road.
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