Colleges Slashing Tuition, Offering 3-Year Degrees
A growing number of colleges are taking extreme measures to attract more students by cutting tuition or speeding up the rate at which they graduate. While some private colleges are introducing double-digit percentage cuts in tuition or freezing prices altogether, other schools are offering three-year degree programs or four-year graduation guarantees. In part, these schools are responding to consumers' concerns about the rising cost of college, said Tony Pals, spokesman for the National Association of Independent Colleges and Universities.
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