Private college tuition stays steady: survey finds sound business practices are key. (Update).The economy may be going south, but private college tuition The examples and perspective in this article may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. College tuition rates remained steady, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new survey from National Association of Independent Colleges and Universities Founded in 1976, the National Association of Independent Colleges and Universities (NAICU) is an organization of private US colleges and universities. NAICU has over 1,000 United States independent higher education institutions. (NAICU NAICU National Association of Independent Colleges and Universities ). The average tuition For tuition fees in the United Kingdom, see . Tuition means instruction, teaching or a fee charged for educational instruction especially at a formal institution of learning or by a private tutor usually in the form of one-to-one tuition. increase for 2003-2004 is 5.8 percent--identical to last year's rate. The survey was conducted this spring, with more than 300 private institutions participating. What's more, although budgets are severely strained, private schools have kept net tuition increases under the rate of inflation over the last decade. NAICU President David L. Warren attributes that to sound business practices. "Private institutions are relying on innovative business management practices, flexible administration, enhanced cost control, and improved efficiency," said Warren. "These factors, along with significant investments in institutional grant aid, have kept a personal and high-quality private college education affordable to students from all backgrounds." The study is available online at www.naicu.edu. |
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