We will miss you..: College closings, mergers, risks of closing

[AustenNut]

Do you want to share info about the Whitman pricing guarantee to this thread?

Colleges That Cap Tuition at a Percentage of Income & Kudos to Whitman

I recently learned that Whitman has instituted a new policy whereby families pay no more than 10% of their income without considering assets. This level of transparency is awesome on so many levels. It also makes it easier for families with academically prepared but not off-the-charts-stellar kids to consider schools that might be better fits for their students with the knowledge that the school will be affordable and not dependent on whether the student is lucky enough to get enough merit aid to make the school affordable. It will also likely decrease the number of applications sent out, meaning that colleges will have a better idea of which students are actually seriously considering them vs. trying to develop a complicated yield strategy to handle students who are shotgunning colleges because they don’t know whether a preferred school will end up being affordable. Colgate has also instituted a plan, but it is dependent on “typical assets.” And I have strong feelings about “ty…

I just added Beloit to the list (and asked the mods to change the title to something like Schools Making College More Affordable).