Globe and MSB announce tuition-and-book cuts

In January, I reported how Rasmussen College made the unusual move of cutting tuition -- by an average of 18 percent in Minnesota -- amid a softening market for for-profit colleges.

Only three other colleges in the state have announced similar moves in the past few years.

Now Globe University / Minnesota School of Business announces they're joining suit. It says the amount is "up to 15 percent," but I'm not sure how prevalent that kind of cut will be.

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