Defying trends, upstate New York college slashes tuition

UTICA, N.Y. (AP) — A small upstate New York private school says it is slashing its undergraduate tuition.

Utica College announced that tuition and fees will drop 42 percent next academic year to $19,996. Room and board will be reduced by 13 percent. With corresponding adjustments in financial aid levels, a student on average could save about $6,900 over four years.

Administrators at the central New York school say the “reset” of their published prices will provide a more sustainable long-run economic model for the college, but they stress their overall goal is to keep a college education within reach.

College affordability has emerged as high-profile issue as families and students face higher debt burdens. Utica College joins the ranks of small private colleges that have dramatically cut tuition in recent years.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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