Wright State students could get a tuition guarantee in 2018

Wright State University is considering implementing a tuition guarantee program.
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Wright State University is considering implementing a tuition guarantee program.

Wright State University is considering implementing some form of a tuition guarantee program for next fall.

Tuition guarantee programs typically freeze the price of tuition for students for all four years they are in school. Members of the finance committee of Wright State’s board of trustees will discuss the possible program in a meeting this Friday, according to an agenda.

The proposal Wright State’s trustees will discuss Friday morning was not yet available Thursday.

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Both the University of Dayton and Miami University have similar tuition programs in place and Ohio State University just launched one this fall.

UD implemented its program back in 2013, making it the first area school to do so. Though the programs are sometimes criticized as being more of a marketing tool than a solution to high costs, UD reported that it helped boost graduation rates and lower student debt.

Public universities in Ohio are in their fifth-straight year of state-mandated tuition freezes but a different rule applies to schools with tuition guarantees.

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Universities can hike tuition within certain parameters if they lock in the price over four years, meaning if Wright State adopts such a program its freshmen next fall could face a higher cost upfront than the previous year’s incoming class.

Most recently, Ohio State raised tuition by 5.5 percent upon implementation of its program. Although universities with guarantees cannot hike prices on students past their freshmen year, they are still able to increase it at the rate of inflation for every following incoming class.

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