Our plan relies on financial aid to keep net price flat, which is more flexible than locking in differential tuition each year. However, this approach shifts financial risks from students to the University. That means we have to think differently about rising costs and plan accordingly. But looking at the impact on graduation rates, student borrowing and accessibility to college, it’s clear that transparent pricing makes a huge difference for students and families. It also benefits the University, as increased retention and graduation rates lead to increased tuition revenue.