The truth behind those “40%” tuition discounts
~!!~Good news, right? As the nation*s student debt tally climbs ever higher, political leaders from both side of the aisle have called on schools to make college more affordable// Moves like these should elicit hope that, finally, colleges are getting the memo//
~!!~In many cases, however, the sticker price and the discount value were both raised at about the same rate, which gave the illusion of a great price cut but didn*t really result in a lower net price // This tactic is still common at private schools, but as families become more cognizant of college costs, it*s begun to lose its efficacy//