In October 2012, following months of discussion and analysis, the Roger Williams University Board of Trustees adopted an initiative called Affordable Excellence®. These two words reference a host of actions devoted either to making an RWU education more affordable to a broader cross-section of families of high school graduates hoping to enroll at a high-quality private university, or to enhancing the quality of that education even beyond its already very high level.
Tag Archives: High Cost/High Aid
Should Price Reflect Cost? (Part 2)
When it comes to pricing, higher education and health care have much in common
In Part I of this post, we discussed how the “high cost/high aid” model of price and cost in higher education has led to growing educational debt and a widening achievement gap between affluent and low-income students. This week, we’ll talk about how (and why) to change this model.
But first: consider the following hypothetical conversation between an admissions officer and two prospective students, as he explains the college’s financial aid policy: