- Rasmussen College Proves Bigger Isn't Always Better
- Group wants to create voluntary standards for the for-profit industry
- Upbeat Assessment of Career College Market
- Few for-profits have become nonprofits, despite regulatory environment
- Financial aid 'experiment' would let colleges set borrowing limits for some federal loans
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.
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