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Tuition-Discount Rate Hits Record High - Administration - The Chronicle of Higher Education


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Private colleges are spending more on grant aid than ever before, according to the results of a survey released on Wednesday by the National Association of College and University Business Officers. After years of stability, the average tuition-discount rate for full-time freshmen entering college in the fall of 2008 rose to 41.8 percent, up from 39.1 percent in the previous academic year.

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