One of N.J.'s costliest colleges slashes tuition 20 percent

MADISON — As tuition continues to rise faster than inflation at most colleges, one of New Jersey’s most expensive private universities is cutting its tuition by 20 percent, campus officials announced Monday.

Drew University will cut tuition from $48,336 this year to $38,668 next year, the announcement said. The rollback means the Madison-based school will charge the same tuition it did in 2010.

The cut will make Drew more affordable for families and better reflect the true cost most students pay to go to the school after scholarships and other financial aid are taken into account, said MaryAnn Baenninger, Drew’s …read more

Source: Morris

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