Are Tuition Freezes an Effective Strategy for Making Higher Education Affordable?
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Abstract
One of the strategies implemented by institutions of higher education to combat rising costs is to implement tuition freezes. Universities that implement tuition freezes have seen notable benefits, such as increased enrollment or lower amounts of debt for students graduating from their programs. However, tuition freezes also may lead to increased feed costs and prevent universities from investing in scholarship programs for lower-income students. Higher education leaders must ultimately consider the impacts of a tuition freeze and what strategies can be successful in keeping college costs affordable for individuals from low-income backgrounds.
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