CNY School Cuts Tuition By 42%

One central New York college is setting an example for the rest of the country as it's cutting costs to students rather than increasing. Not a trend we see often... or really ever for that matter.

According to Utica College they have now cut student tuition by a mouth dropping 42 percent! College president Dr. Todd Hutton credits the astounding savings to a program they implemented after seeing it in action at the Concordia University of St Paul two years ago. Hutton tells KARE 11 News the tuition 'reset' doesn't always work for everyone,

"It takes a certain set of characteristics for an institution to be successful with a tuition reset and that includes not being desperate and not seeing enrollments spiraling downward. This is not a move of desperation. If they do it when they are desperate and they are failing, they fail."

According to ABC News tuition and fees will be $19,996 a year starting in 2016 school year, falling from $34,466.The tuition decrease is effective for all new and returning undergraduate students.

"Ever since our founding, our mission has always been to expand opportunity among those for whom the dream of a college education had previously seemed unattainable," Hutton tells ABC News. Hutton said he wants to "remove that barrier and make a college education more than a hope and a prayer."

Once can only hope other colleges across the country follow suit..if the tuition reset is right for them. It certainly would open up the opportunity for countless aspiring college students.