Goldey-Beacom College Announces Tuition Reset

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September 16, 2020

Goldey-Beacom College (GBC) today announced an unprecedented tuition reset, reducing undergraduate tuition for the fall of 2021 to $12,750, from the current $25,500, which represents a 50% reduction. The College has discounted tuition for several years, but this new initiative will keep tuition simple. It will keep it honest. It will make it permanent.

 

In fall 2014, the College introduced its Affordability Assurance Award which reduced tuition by slightly more than half for all undergraduate students. Whether domestic or international, full or part time, residential or commuter, every student discovered our Affordability Assurance Award made a college degree financially attainable.

 

Goldey-Beacom College is poised to take the next step and cement its commitment to an affordable education. Instead of perpetually stating one amount for tuition and discounting that amount for every student, the College announced a dramatic change for fall 2021: tuition will simply be CUT IN HALF from 2020’s $850 per credit hour ($25,500 for 30 credits) to $425 per credit hour ($12,750 for 30 credits). 

 

“Originally, we stated our true tuition but then discounted that amount significantly, for every student, for every year, for seven years. It is now time we call tuition what it really is and simplify the process,” said GBC’s president, Dr. Colleen Perry Keith. She continued, “As other colleges continue to ‘go high’ with tuition increases each year, offset with tuition discounts of varying amounts, we now choose to ‘go low’ and state our true cost up front. As high-cost colleges continue to raise tuition and discount it, lowering our actual tuition is a big move, but we are ready to make this commitment, and we are proud to do it.”


 

For current students, the tuition cut will not change their bottom line. The Affordability Assurance Award has been reducing their tuition all along, and that low net price will not change from this year to the next. The new initiative formalizes the College’s actual practice for the past seven years, and adds clarity to the bill, not further savings. Goldey-Beacom College has always been committed to making education affordable, and continues that commitment in 2021.

 

Founded in 1886, Goldey-Beacom College has approximately 1,800 students enrolled from 22 states and over 60 nations. The College offers 41 degree options in its graduate and undergraduate programs with majors in psychology, economics, criminal justice, communication & media, human services, English and all areas of business including accounting, business administration, entrepreneurship and finance. Recent program additions include the Doctor of Business Administration program which started in fall 2018.

 

The College is committed to connecting its graduates with careers in their respective fields. For over a decade, the College has achieved a 90 percent placement rate for graduates. Goldey-Beacom College is located in Pike Creek Valley, a suburb of Wilmington, Delaware.  The College is accredited by the Middle States Commission on Higher Education and the Accreditation Council for Business Schools and Programs.

Contact:
Janine G. Sorbello, Director of External Affairs
sorbello@gbc.udu, 302 290 3224
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