There are a whole slew of reasons why college tuition rates have skyrocketed, but once again Ohio State is planning on keeping its tuition rate flat for in-staters:
Ohio State is able to freeze tuition at a time of diminished state funding and uncertain federal dollars, Gee said, because it has looked for other revenue.
In the past two years, the university has generated more than $1 billion through new financial strategies. It leased its 36,000-space parking operation to private investors for 50 years for a lump-sum payment of $483 million, now invested to support student instruction.
Ohio State has the second-lowest cost among the six Ohio public universities with selective admissions, campus officials said. Only Kent State costs less.
Ohio is still one of the most expensive states for in-state tuition, but price-freezes are always good news for consumers.
