25 Ways to Reduce the Cost of College

ALMOST EVERYONE AGREES that colleges have become increasingly costly to attend and are a growing burden on society to finance. Rising tuition costs threaten the ability and desire of students to attend college. Are there things that can be done to significantly reduce the cost of college?

Subsidize Students, not Schools

Higher education is an important part of the economy, but the increasingly exorbitant cost of higher education in the United States is leading to an untenable situation for students, institutions, and taxpayers alike.

Reform Accreditation to Reduce Barriers to Entry

The purpose of accreditation is to ensure that the education provided by colleges and universities across the country adhere to certain standards, and in doing so ensure a minimally acceptable level of institutional quality.

Reform Financial Aid

The goals of our financial aid system are certainly admirable. Providing assistance to the less fortunate is a crucial tool to help achieve equality of opportunity. However, the system could be reformed to achieve these goals much more efficiently.

Utilize Course Management Tools

Entrepreneur Michael Clifford suggested that the next generation of students will arrive to campus as “inhabitants” of the information age, accustomed to using technology in their daily lives, whereas most educators are “immigrants.” Many students grew up with personal computers, video games, mob

Outsource Email Services

While email has greatly enhanced the communication and transaction capabilities for colleges, much of the potential savings associated with reduced transaction and communication costs are not being realized.