Concordia to cut tuition, fees by $10K

Jenna Ross:

Concordia University is pairing two words that don’t often come in contact — “tuition” and “cut.”
The St. Paul school will announce Wednesday that it is lowering its undergraduate tuition and fees by $10,000, or 33.7 percent, to $19,700 for the next school year. It will become the first college in Minnesota to slash its sticker price. But it joins a few others across the country who have responded to growing concern about the rising price of college with a similar dramatic move.
Just a handful of Concordia undergrads now pay the full $29,700 in tuition and fees. But Concordia hopes to attract families who are being scared off by the published price.