US Colleges Cut Tuition by Tens of Thousands to Combat High Prices

College tuition tuition has been cut by $20,000 in a cost-conscious effort to reduce costs. For years, Emory & Henry University in rural Virginia offered generous merit scholarships of up to $23,000 to attract students wary of its near-$40,000 price tag. The discounts helped the private college compete with well-regarded public institutions with lower advertised prices.
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