Bridgewater College in Virginia and Wartburg College in Iowa are two of the latest institutions to announce drastic cuts to their tuition sticker prices. They recently announced drastic reductions in tuition prices—by 62 percent and 48 percent, respectively—starting next fall. The majority of their students won’t see much of a change in their actual bills, however. That’s because relatively few students at the two institutions, as is true at many colleges and universities, were paying the advertised sticker price. Many were already benefiting from generous scholarships and financial aid packages that made their net tuition costs far less
