Rasmussen College, a midsized for-profit institution with roots in the Midwest, this week announced a tuition cut  that averages 12 percent across the institution. Some students will see a 24 percent tuition reduction, the college said. Rasmussen is also locking in tuition rates for continuously enrolled students. The college has joined several other for-profits that are cutting their prices, freezing tuition rates  and offering scholarships  amid broad enrollment declines across the sector. Rasmussen said it was able to cut prices by having reduced overall operating expenses.