10 colleges that are lowering tuition costs

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The cost of attending college has been getting worse and worse — leaving students in the U.S. with a collective student loan bill of more than $1 trillion.

In fact, according to Kiplinger, over the past 30 years, the cost of tuition and fees has increased by a cumulative 146% at private colleges and 225% for in-state students attending public four-year colleges.

But here’s some good news! There are schools out there that are actually lowering tuition rates, making college more affordable and available to more people. Statewide cuts in Washington have drastically reduced the cost for in-state tuition, a move that will hopefully encourage other states to follow suit.

Read more: Clark’s Student Loan Guide

Kiplinger has put together a list of schools that have announced cuts in tuition prices for the current 2015-2016 academic year, as well as schools that have already announced lower prices for next year. And just to note, out-of-pocket tuition costs vary for each individual, depending on financial aid, scholarships or other financial support. Students who qualify for very little financial aid will see the biggest savings at schools that cut tuition prices.

10 colleges that are lowering tuition costs 

1. Utica

  • Location: Utica, N.Y.
  • Undergraduate enrollment: 3,089
  • Tuition reduction: 42% for 2016-17; Tuition will be $19,996 next year, down from $34,446 for this year.

2. Rosemont college

  • Location: Rosemont, Penn.
  • Undergraduate enrollment: 597
  • Tuition reduction: 41% for 2016-17; Tuition will be $18,500 next year, down from $31,520 this year.
  • Cost of room and board will decrease 14% next year as well, from $13,400 to $11,500.

3. Stillman college

  • Location: Tuscaloosa, Ala.
  • Undergraduate enrollment: 1,000
  • Tuition, room and board reduction: 22% for 2015-16

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4. Central Washington University

  • Location: Ellensburg, Wash.
  • Undergraduate enrollment: 10,964
  • Tuition reduction for in-state students: 5% for 2015-16; 15% for 2016-17

Read more: How to start paying off student loans

5. Evergreen State College

  • Location: Olympia, Wash.
  • Undergraduate enrollment: 3,878
  • Tuition reduction for in-state students: 5% for 2015-16, bringing tuition down to $6,620; 15% for 2016-17, bringing tuition down to $5,627 next year.

6. Eastern Washington University

  • Location: Cheney, Wash.
  • Undergraduate enrollment: 13,453
  • Tuition reduction for in-state students: 5% for 2015-16, 15% for 2016-17

7. Western Washington University

  • Location: Cheney, Wash.
  • Undergraduate enrollment: 13,453
  • Tuition reduction for in-state students: 5% for 2015-16; 15% for 2016-17

Read more: Pay off student loan debt or save for retirement?

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8. Wilmington College

  • Location: Wilmington, Ohio
  • Undergraduate enrollment: 1,093
  • Tuition Reduction: 16% for 2015-16, down to $23,800.

9. University of Washington

  • Location: Seattle, Wash.
  • Undergraduate enrollment: 29,468
  • Tuition reduction for in-state students: 5% for 2015-16; 10% for 2016-17, bringing the cost down to $9,183.

10. Washington State University

  • Location: Pullman, Wash.
  • Undergraduate enrollment: 20,043
  • Tuition reduction for in-state students: 5% for 2015-16; 10% for 2016-17, bringing the cost down to $8,837.

For more information, see Kiplinger’s full list here.



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