Going to college isn’t cheap. Tuition and housing for a private university averages $33 thousand dollars a year, or quadruple the going rate for a junior college. So it makes sense that an increasing number of high schoolers are applying to 2-year colleges instead.
But plenty of 4-year universities are fighting back, and are trying to make students an offer they can’t refuse. The financial incentives are ones you’d normally see in grocery stores or car showrooms. Like: “Buy 7 semesters, get one free!” Or “Apply today, and get $25-hundred dollars cash back.” It’s kind of like “Let’s Make a Deal!” – the college years.
For example, if you don’t manage to finish within four years, some universities are offering unlimited free classes for the fifth year and beyond, until you do graduate which could be a big money-saver, since more than half of all college students take longer than 4 years to finish. And others are offering a partial refund on tuition to students who graduate and can’t find a fulltime job in their chosen field.
Some of the colleges we’re read about that are doing it include Nebraska Wesleyan University, Michigan’s Spring Arbor University, and Union College in Kentucky. But check out the websites of the colleges you’re interested in because you just might find a financial offer that’s really hard to refuse.