Colleges Give Record Average 59 Percent Discount On Tuition This Year

The average discount rate for first-time undergraduates reached 53.9 percent — an all-time high — during the 2020-21 academic year, according to NACUBO’s preliminary estimates released Wednesday. In other words, for every $100 in tuition colleges appear to charge on paper, they do not collect $53.90 from first-time undergraduate students. – Inside Higher Ed