As college enrollment numbers continue to decline, small private schools are slashing tuition prices in an effort to entice more students to apply.
“We know the price was scaring families away,” Lasell University President Michael Alexander said.
Lasell University in Newton announced it is dropping its published tuition price by 33%, from $59,130 to $39,500 in 2022-23. The private four-year non-profit has seen its enrollment numbers steadily erode, from a peak of 2,100 students in 2015 down to 1,650 in 2022.