Lowering Tuition Costs

As with all college costs, the tuition you pay is not set in stone. Understanding this, as well as understanding why, can help you to shave thousands off your tuition bills. The reason tuition costs are highly flexible is because classroom instruction is a largely intangible cost. In other words, the cost of adding one more student to a class is very low for a college, especially if the instructors are not compensated based on the number of students they teach. That means that whatever you pay, even if it is a discounted amount, represents positive cash flow to a college or university. And because many institutions are generally strapped for cash, it behooves them to take every student they can fit, even at an often-reduced ...

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