“This tuition reset will ensure that more students will find a place at Mills and have the opportunity to experience a life-changing education that prepares them to be leaders in their careers and communities.”
Oakland, California (PRWEB)
September 15, 2017
Mills College today announced that it will implement a tuition reset, reducing its base undergraduate tuition amount from $44,765 to $28,765 – representing a 36 percent reduction and rolling back Mills tuition to 2005 rates. The move is in response to the rising cost of a college education and the barriers it creates for students and their families. Mills is the first private college in California to take this bold step.
Mills College President Elizabeth L. Hillman made the announcement at this morning’s Convocation ceremony. The event marked the formal beginning of the new academic year at Mills with a keynote address by Ashara Ekundayo who underscored the importance of access and affordability in higher education.
According to a study conducted by student loan company Sallie Mae, American families unanimously agree that a college education is an important investment in the future, yet seven out of 10 families eliminate colleges from consideration during their search and selection process due to cost concerns. Costs weigh especially heavily on women and students of color: A study published by the American Association of University Women in 2017 revealed that women, especially women of color, take on more student loan debt and pay it back more slowly than men, in part because they earn less than men after they graduate.
“A college education seems…