Belmont Abbey College

Courtesy of Belmont Abbey College

Belmont Abbey College is taking a step toward a financial model where tuition alone covers operating expenses.  Belmont Abbey’s President Bill Thierfelder says the college will cut $1 million in administrative costs to get closer to that goal. 

He says right now the college like many others spends too much on departments that tend to function in their own silos. 

South Carolina College Cuts Tuition By 43 Percent

Sep 11, 2013
Converse College

A women's college in South Carolina is reducing undergraduate tuition by 43 percent. That means tuition at Converse College in Spartanburg  will be $16,500 a year. It's currently about $29,000. College president Betsy Fleming says the move is in response to growing concern about rising tuition.

"I hope that this move will change the course and conversation in higher education, moving away from a high tuition, high discount model to a lower tuition that actually represents cost," Fleming says. 

Courtesy of Belmont Abbey College

Belmont Abbey College in Gaston County won a lawsuit against the “contraceptive mandate,” a section of the health care reform law requiring employer-provided insurance to offer free access to contraceptives, like birth control pills. Wednesday’s decision is part of a series of lawsuits around the country that could ultimately bring another piece of the law before the Supreme Court.

Belmont Abbey Cuts Sticker Price By $10,000

Nov 28, 2012
Courtesy of Belmont Abbey College

Tuition at the private Catholic college Belmont Abbey was set to rise by about 5 percent next year to $29,000. Instead, the school announced Wednesday that it's actually going to lower tuition for incoming and transfer students by $10,000.  

It's what some colleges have begun to call a "tuition reset." A few colleges and universities have announced drastic tuition cuts.

While some want to boost enrollment numbers, Belmont Abbey's president Bill Thierfelder wants to match tuition the actual cost of a student attending the college.