Christian Science Monitor article ("Colleges offer no-frills degrees") describes how several colleges are offering no-frills education to keep the costs of attendance to a minimum:
The article also highlighted other ways that private loans were innovating to keep up with these difficult economic times:
- Neighboring Daniel Webster College in Nashua hopes to attract recent high school graduates who are willing to commute by offering them tuition at nearly half price.
- Some institutions are creating partnerships with community colleges to smooth the transfer of credits.
- Others are making it easier to earn a bachelor's degree in three years, saving students 25 percent.
- And a handful have announced that for students who meet certain criteria, tuition for 2009-10 will equal the cost of nearby public colleges.