With national debates about rising tuition costs for higher education and the increasing amount of debt students carry upon graduation, Business Insider takes a look at Berea College and suggests other American colleges and universities might glean some lessons from Berea.
In an article titled, “How this private college maintains a $1 billion endowment without charging tuition,” published on March 30, Business Insider states: “Berea is a selective school . . . and it clearly offers a quality education.” While some schools offer expensive amenities, Berea offers excellent academics.
Berea College President Lyle Roelofs, who was interviewed for the article cites some of Berea’s distinctive qualities such as the student labor program and the wide range of positions available through it and Berea’s diligence in fundraising in order to make a quality education available to students who otherwise could not afford it.
Read the full article at: http://www.businessinsider.com/how-kentuckys-berea-college-got-such-a-big-endowment-2015-3