If there is anything good to come out of the COVID-19 pandemic, it's that some colleges have begun to lower tuition costs after continual decades of raising them.
Oberlin College, for example, has cut first-year tuition by $10,000, and Davidson College has frozen its tuition for the first time in 25 years.
Mary Clare Amselem, an education policy analyst for The Heritage Foundation, says the federal government needs to change the student loan policies so the trend can continue.
"I'm hesitant to believe that any major shift in this trend would occur without a coinciding major shift in federal policies," she says.
As would-be students are mulling over their college careers, Newsmax reports that freshman enrollment was down 13 percent in 2020.
"We're seeing students who were already probably pretty frustrated with the price of college saying, 'Wait a minute. Why am I paying the same price, and sometimes even more, to learn at home?'" Amselem relays. "That works for a lot of students. But for a lot of students, they're saying, 'This is not what I signed up for, and certainly not what I'm paying $60,000 a year for.'"
Newsmax adds the decline in college enrollment could continue nationwide in the coming years.