Locked-In Tuition Is a Win for Families but a Tough Sell for Colleges

<p>Tuition just about always moves in the same direction: up. So wouldn't it be great if students could lock in tuition at their college and know they will pay the same amount for four years?</p>

<p>The</a> Chronicle of Higher Education</p>

<p>Article written by Beckie Supiano</p>

<p>How would that work? Each class would be paying a different price for their four years, and logically the younger class would pay more than the older class, especially if the University’s costs increased significantly. Does not seem fair or even pratical, but I didn’t read the article.</p>

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<p>This is true whether you lock in or not. Somebody who went to my alma mater 20 years prior to me paid much less tuition than I did.</p>

<p>As an entering freshman, many schools will let you pay four years of tuition up front. We’ve been thinking about it, but of course if you imagine the markets will rebound eventually, you miss out on all that upswing. We’re hoping if we do not lock in, we’ll have three years to recoup what the markets took away from us this past year.</p>

<p>I think this may have been a deal for some when tuitions were going up significantly every year. But this economy has stopped that at most private colleges and I for one think I can do much better in different investments than the 4% or so we’re likely to see tuitions go up now.</p>

<p>It would be good that it would stay the same.</p>