UD to increase tuition by 2 percent, lowest in 45 years

The University of Dayton announced it will raise tuition by 2 percent next fall. The university is touting the increase as a success because it is the lowest increase in 45 years.
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The University of Dayton announced it will raise tuition by 2 percent next fall. The university is touting the increase as a success because it is the lowest increase in 45 years.

The University of Dayton will raise tuition by 2 percent for the 2017-2018 school year, something officials are touting as a success.

The price increase will be the lowest increase in 45 years, according to the university.

The average student pays $20,470 for 12 to 18 credit hours a semester at UD.

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Officials said the size of the increase is due in part to a tuition guarantee plan the university has had in place since 2013. The guarantee promises students their financial aid will match any increase in tuition so they pay the same price all four years.

This spring’s graduating class is expected to hit a record for four-year graduation rates and the amount of loan debt students owe is expected to drop between 20 and 25 percent on average, said Jason Reinoehl, vice president for enrollment management.

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The decrease in loan debt means a student who has attended the university since the plan was in place is expected to borrow $5,000 less, according to the university. This spring’s graduating class is projected to have borrowed $6 million less than the previous class.

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