Tuition Discount

Last month, Concordia University in St. Paul, Minn. announced plans to make a dramatic cut in tuition for the 2013-2014 school year. The sticker price for Concordia’s tuition will drop from $29,700 to $19,700 a year. A $10,000 cut in tuition sounds dramatic but economist Sandy Baum says the actual amount students pay may not change all that much.

Guest: Sandy Baum, Senior Fellow at the George Washington School of Education and Human Development and independent higher education policy analyst.