stripes.com 18 Dec, 2020 19:00 am

Some US colleges cut tuition, ending a relentless price spiral

The covid-19 pandemic has upended college life — and college finances — for millions. Now, in a sign of what might lie ahead, it also has begun to check the relentless rise in prices.

Some US colleges cut tuition, ending a relentless price spiral Oberlin College, a private liberal arts college in Ohio, has cut its tuition by $10,000 for all new students.Oberlin College, in Ohio, has cut its tuition by $10,000 for all new students.Princeton University in New Jersey cut tuition 10% for undergraduates for the current academic year because the pandemic significantly diminished the student experience.The school had been considering the tuition break as a recruiting tool even before the pandemic, and decided that it should apply only to new students to limit the cost, said Manuel Carballo, dean of admissions and financial aid.

The cost for tuition, fees, room and board this year at Oberlin, known for its music conservatory, is almost $76,000.Denison, where the cost of tuition, room and board and fees is $70,400 this year, opted against making financial need a consideration for its $100,000 scholarship because applying for aid is already a complex process.

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