Grace’s Three-Year Degree Featured on U.S. News & World Report Website
On February 29, 2012, Grace College was featured on the U.S. News & World Report website in an article on three-year degree programs.
Excerpt from article:
In an effort to become more affordable, officials at Grace College originally toyed with discounting tuition, Provost William Katip says. But fearing that such a move may seem too “gimmicky,” Katip says the school instead revamped the curriculum and calendar to accommodate three-year graduation plans for its 50 undergraduate majors. For three years, students take more, short courses during the fall and spring semesters, and any credits taken in the summer are free (save for a $125 technology fee). Based on the school’s accounting, the plan can save students up to 50 percent on college, between costs they don’t pay and salaries they could begin to earn a year early.
“Twenty-five percent is saving a whole year right up front,” Katip figures. “The other 25 percent: Our annual tuition is very close to what our first-year graduates make. The fact is, you’re out working and you’ve got one year of earnings.” Students with financial need would also be spared a year of college loans, he adds.