Butler to freeze tuition for first time in decades
The Indianapolis university said this will be the first time it has not raised tuition rates since 1983.
The Indianapolis university said this will be the first time it has not raised tuition rates since 1983.
Purdue University’s tuition freeze will continue for a ninth year, Mitch Daniels told alumni this weekend.
IBJ personal finance columnist Peter Dunn talks with podcast host Mason King about three key components of paying for college: saving in advance, paying some expenses in the moment and preparing your kids to make good choices.
The college will open adjacent to the Marian campus in Indianapolis, but the institutions will study whether it makes sense to expand to other areas of the state. One location that will be studied is Saint Joseph’s closed campus in Rensselaer.
Newly created WGU Advancement will raise funds to support the university’s mission and commitment to “reinvigorating the promise of higher education for all.”
Purdue University said the tuition freeze and other steps have helped reduce student debt.
More than half of the students in Kenzie Academy’s first coding class—launching in January—will finance their education using income-share agreements, a concept that has been lauded by Purdue President Mitch Daniels.
Meanwhile, the Ball State University Board of Trustees on Wednesday approved the school’s smallest tuition hike in more than 40 years.
President Mitch Daniels said he didn’t think the school could keep tuition costs down as long as it has and he’s disappointed other colleges haven’t followed suit.
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
The Fishers-based not-for-profit announced Wednesday that it will transfer ownership of two affiliates—United Student Aid Funds and Northwest Education Loan Association—to Madison, Wisconsin-based Great Lakes Higher Education Corp. on Jan. 1.
Has Indiana made any progress in tackling student debt since students started racking it up through the Great Recession? The answer is somewhat complicated, higher education finance experts say.
Purdue University is taking the next step toward a controversial program in which students could get financial help for school from so-called investors in exchange for some of their future earnings.
Under the plan, a student draws from an investment pool to get money to pay for tuition and agrees to repay with a portion of the student's future income over a fixed period of time.
Tuition increases at IUPUI and IU's five regional campuses will increase by an average of 1.65 percent.
Tuition at Purdue's West Lafayette campus will remain at $10,002 for in-state residents and $28,804 for non-residents.
Students using loans to pay for college might get some extra help when it comes to gathering information about their debt load if an Indiana House bill becomes law.
Purdue and other universities are among many state-funded institutions nationwide looking to poach lucrative tuition.
When adjusted for inflation, students are paying more than triple what students paid 30 years ago to attend a public, four-year institution.
The trustees' approval means students who entered Purdue University in the fall of 2012 will never see an increase in tuition.