September 12, 2012

Concordia U. Saint Paul Will Slash Tuition by One-Third

The Minnesota university spent years planning the move, which it hopes will increase retention and draw new students

Concordia U. Saint Paul Will Slash Tuition by One-Third 1

Concordia U. St. Paul's tuition cut is, in part, a response to the chorus of warnings that higher education's high-price, high-aid model is broken, and to families' concerns about college affordability.

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Concordia U. St. Paul's tuition cut is, in part, a response to the chorus of warnings that higher education's high-price, high-aid model is broken, and to families' concerns about college affordability.

By Beckie Supiano

Concordia University Saint Paul will reduce the sticker price of its tuition and fees by $10,000, or about 33 percent, for the 2013-14 academic year, the Minnesota university plans to announce on Wednesday. Tuition and fees for all new and returning students in the traditional undergraduate program will drop to $19,700 next year from $29,700 this year, while the price of room and board will not change.

The university spent years working toward this announcement, and administrators are