MacCormac awarded 'Tuition Hero' Status
CHICAGO, IL---MacCormac College has been recognized for doing its part to end the problem of rising tuition rates across the United States by being granted “Tuition Hero” status for the fourth year running. The award was conferred by Tuition Heroes, an organization that recognizes the performance of higher education institutions for their tuition control.
MC was only one of 39 per cent of higher education institutions in America that were Tuition Heroes as a result of tuition management. As the oldest, two-year, private, non-profit institution, in the state of Illinois, MacCormac was also one of 48 per cent of private schools that were named “Tuition Heroes” last year.
Tuition Heroes, a St. Louis, MO based company, calculates and tracks the tuition compound annual growth rate (CAGR) of colleges and universities over the last four years. Those with a CAGR of 2.5 per cent or less are rewarded Tuition Hero status. The tuition information used is provided by the College Affordability and Transparency Center of the U. S. Department of Education.
According to Tuition Heroes reps, potential students want to enroll at an institution that has demonstrated tuition control and doesn't significantly increase tuition rates beyond normal inflation rates. The reward adds to the value proposition that potential students use to evaluate schools.
Alexandra Grant, Director of Financial Aid said: “Higher education is a smart investment which requires major recurring costs. Through financial aid and our array of scholarship opportunities, we are proud to make quality education accessible to people from all socio-economic backgrounds.”