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.
RELATED: Visa probe may have cost Wright State millions in international student tuition
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.
FIVE FAST READS
• UD research institute to use Midmark space for Air Force research
•Who is Richard Cordray? 5 things to know about the potential governor candidate
• UD’s 54th annual Christmas on campus set for Dec. 8
• Wright State faculty union creates strike plan to use if deal isn’t reached
• Sinclair’s overwhelming voter approval ‘a great birthday present’