Even as the Cost of a College Degree Outpaces Inflation, A Handful of Colleges Pick Up Full Tuition

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Cadets at West Point receive a full scholarship and an annual salary to pay expenses. Graduates owe five years of active service.

Even as the price tag of a four-year college degree outpaces inflation, a handful of U.S. colleges and universities are going to extraordinary lengths to contain costs — by picking up full tuition for every student they enroll. Most colleges offering free tuition are military academies; several are engineering schools, where graduates are in short supply and demand is great.

 

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Returns On College Endowments Plummeted 18.7%

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Harvard University has the biggest endowment

Average college endowment returns plummeted 18.7% last year, the worst decline for higher education since the Great Depression, a report says.  Overall, higher education endowments fared better than other indexes; the widely used S&P 500 was down 26.2% over the same period, the 12 months ending last June 30. And, the report notes, the economic forecast has improved for 2010.

 

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