“William Thierfelder, president of Belmont Abbey College, says that most students are so discouraged with what he calls the “sticker price” of higher education that they don’t even consider applying to a school they think is beyond their families’ means. So Belmont Abbey is taking a different approach: The college has announced that it is “resetting” its tuition, reducing it by 33% next fall for incoming freshmen and transfer students,” CNN reports.

Read the whole article originally published in: Todays News Feed.