Spring Hill College announces a reduction in tuition prices for Fall 2021.
President of Spring Hill College, E. Joseph Lee II, PhD, announced at a press conference that Spring Hill will be lowering the cost of tuition by almost 50 percent.
“Spring Hill College is taking a bold step to address access to private and higher education,” said Lee.
This decision could save students more than $20,000 in tuition and a little over $3,000 in room and board.
“Since 1830 Spring Hill College has a proud history of making these bold decisions in the best interest of our faculty and our students in keeping with our Jesuit and Catholic values,” said Lee.
Lee said the reasoning for this decision was simple. The college is trying to be more affordable and accessible.
Forbes Magazine reported in February 2020, that student loans were at a record high, stating that “45 million borrowers collectively owe nearly $1.6 trillion in student loan debt in the U.S. Student loan debt.” This record is the second highest consumer debt category leaving the average student loan with just over $32,000. Lee said that Spring Hill’s decision was also made because he was “too well aware that student loan debt is in crisis mode.”
After the announcement, Lee gave an overview of the school’s most recent accomplishments. He noted Spring Hill’s recognition by Forbes Magazine as one of the top ten colleges and universities in the country for return on investment. As well as, Spring Hill’s success at receiving over $5 million in local and national grants.
Lee also commented about the strides the school has made during this season of online learning.
“We are able to make this change now as we are developing new programs and new experiences to enhance the educational experience of our students. Some of these include a new center for online learning, new real-world majors, and great employment opportunities upon graduation,” said Lee.
The decision “demonstrates confidence in the future of Spring Hill College,” said Lee.
For more information about the tuition reset, visit shc.edu/realworldready.