Sure, the cost of higher education is going up faster than a gallon of gas. By the time today’s first graders are in college, tuition will cost more than the GNP of some third-world countries.
There are a handful of colleges that charge nothing for tuition. That’s right: nada. Some offer free education because of their high endowments, and some offset educational costs with rigorous work programs. All believe their tuition-free policies are core to their reason for being. Among these colleges are the College of the Ozarks, Webb Institute, Curtis School of Music, Franklin W. Olin College of Engineering and Berea College.
“It’s very difficult, especially when there’s a downturn in the marketplace, because we depend upon our endowment to perform,” says Joe Bagnoli, Berea’s associate provost for enrollment management. (New York Times)