Tuition Reset Strategy

Forum rules
Please be courteous to one another and have some fun! Go Titans!!

Tuition Reset Strategy

Postby Rogobob77 » Wed Aug 16, 2017 2:17 pm

Here's a recent article about colleges that have employed or are considering a tuition reset strategy: ... ion-resets

With the sticker shock of private college tuition freightening a number of potential students away, some schools have employed a strategy of lowering tuition and restructuring financial aid awards. Detroit Mercy's tuition is now around $42K, but on average 65% of students' costs are covered by financial aid. Heard today that the University received a grant to hire a consulting firm with special expertise on tuition reset to explore whether or not this approach might make sense for Detroit Mercy going forward.
Posts: 2353
Joined: Thu May 24, 2012 10:37 pm

Re: Tuition Reset Strategy

Postby uofdmik2008 » Wed Aug 16, 2017 2:29 pm

They are hoping that it will be in effect for the 2019 school year, the thought process is that a lot of students and parents do not apply to Detroit Mercy due to the initial sticker shock, so they do not pursue us any further and do not realize that a good portion of those costs may in fact be covered by institutional scholarships or financial aid.

University of Detroit Mercy alum 08 and 09
Posts: 613
Joined: Mon Nov 18, 2013 8:51 pm
Location: St. Clair Shores

Return to General

Who is online

Users browsing this forum: No registered users and 1 guest