Assumption College launches tuition freeze programAP , Associated Press
Feb. 18, 2014 7:12 AM ET
WORCESTER, Mass. (AP) — Assumption College in Worcester is promising not to raise tuition for next fall's incoming freshmen during their four years at the school.
The Assumption Assurance program was announced Sunday by college President Francesco Cesareo.
Current freshmen and sophomores will also have their tuition frozen at the 2014-2015 rates for the balance of their time at the school. Next year's tuition is expected to be more than $35,500.
Assumption officials say it's about taking some of the uncertainty out of budgeting for a four-year education that could potentially save students and their families thousands of dollars.
Cesareo tells The Telegram & Gazette (http://bit.ly/1h0i1Fs ) that with private four-year institutions increasing tuition at a rate of 3 to 5 percent a year, Assumption Assurance has the potential to save families $6,500 to $11,000.
Information from: Telegram & Gazette (Worcester, Mass.), http://www.telegram.com