How Concordia University is faring after slashing tuition by a third

Less is more. (Photo via Facebook)

Kristin Vogel, director of undergraduate admission for Concordia University in St. Paul, tells the Star Tribune the university’s decision last year to cut tuition by $10,000 has turned out to be a good one. She says the number of new students has increased 65 percent, and the school benefitted financially.

“This was the right move for a school like Concordia. But it may not be the right move for every school. In higher ed, we have a model where you increase tuition every year. I think it’s very hard for universities to break out of that mind-set.”

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