University of Virginia

Sewanee and Randolph-Macon Make News

It’s rare that we hear some good news on tuition, but the last couple of weeks have had two noteworthy items.  First, The University of the South announced a decrease in tuition for next year by 10%, or about $4,600.  It will be interesting to watch what the peer institutions do.  Second, Randolph-Macon announced a four year degree guarantee.  If you follow the (relatively basic) requirements but don’t get a degree in four years, the school will waive tuition until you are finished.

These schools are directly addressing financial concerns that families have.  Let’s hope that this is just the beginning of a new type of competition to reduce college costs.