Dive Summary:
- Indiana University President Michael McRobbie announced Tuesday that the school would implement a new plan whereby students would be able to freeze their tuition rates if they remain on track to graduate on time after their sophomore year.
- "The size of student debt has reached alarming proportions nationally," McRobbie said.
- The freezes, which will not be permanent, will be evaluated in terms of their impact on four-year graduation rates during the 2015-16 academic year.
From the article:
Students at Indiana University who keep their grades up during their first two years soon will have less debt to worry about.
An experiment announced Tuesday will offset tuition increases for IU juniors and seniors if, after their sophomore year, they are in good academic standing and on track to graduate in four years, university President Michael McRobbie said. ...