October 12, 2018
Here’s How One S.C. College Says It Made More Money by Cutting Tuition 26 Percent
Benedict College (SC) is doing everything conventional wisdom tells it not to do. While most colleges raise the cost of attending class, Benedict cut tuition 26 percent. Rather than try to increase the number of students, it set an enrollment cap. Rather than keep its social science majors on life support, it cut them and doubled down on STEM — or science, technology, engineering and math— majors. And university administrators say it’s working.