Brown University has raised tuition for the coming school year by 4.4 percent. A year of undergraduate tuition and fees at Brown will now top $62,000.
The Brown Corporation made the decision at its annual winter meeting over the weekend. The corporation also approved an 8 percent increase in financial aid spending to help offset the tuition increase.
Brown's 2016 budget includes a $4.4 million dollar operating deficit, which will be covered by university reserves. This is the third year in a row that Brown has operated with a deficit.
Thousands of colleges seniors receive their diplomas this month in Rhode Island and across the nation. And thousands of them will soon have to start paying off their student loans.
Rhode Island has one of the highest rates of student debt in the nation; the average burden on students in the class of 2012 was more than $30,000, according to a study by the Institute for College Access and Success.
As part of our series looking at what it's like to live with student debt, Rhode Island Public Radio's Elisabeth Harrison spoke with Lauren Asher, the Institute's director.
Roger Williams University is reporting success with a new marketing tool. The tuition guarantee program takes the guesswork out of going to college.
Roger Williams University now offers all students a tuition guarantee. It’s an assurance that tuition will remain the same for all four years of an undergraduate’s education, provided the student stays enrolled continuously. University president Donald Farish said it’s not only increased the quality and size of their freshman class, but has boosted the freshman to sophomore retention rate from 78 to 84 percent.