Expensive. Two small liberal arts colleges are announcing a 40 tuition cut next fall. The price of admission is our cover story today. Here is an equation for todays college students. The education that they are paying for is 12 times more expensive than a generation ago. The cost of Higher Education jumped twice as cost as medical costs and three times faster than housing and food. The average College Tuition is 31,000. For public universities the annual tab is 23,000 for out of state finishes. In state residents pay more than 9,000. Utica college in new york and rose mont college having a tuition reset. A 40 tuition mark down is almost an unbelievable step. How does the math work . Joining us are leaders of both schools. Dr. Todd hutten president of Utica College and dr. Sharon hersh. Thanks for being here and welcome to both of you today. Our pleasure. Thank you. Todd, the idea of being able to cut tuition by 40 most schools say there is not a chance to come up with that. How do you
we will break down all the latest developments and there has been a lot since you last left. meanwhile our slogan comes to you from 16-year-old troy in johnston, new york. no doubt in route to school. around the house we have a rule watch fox & friends and then go to school. [captioning made possible by fox news channel] captioned by the national captioning institute www.ncicap.org gretchen: we start this morning with a fox news alert. police surrounding that mommy in seattle. inside the man officers believe murdered four police officers execution style. let s go right to the scene and jcpq s brian call la hand. we just heard from police in the past few minutes what they considered a person of interest earlier is now indeed a suspect. we are talking about 37-year-old maurice clemens. is he hold up in a house behind me here. police have kept us back several blocks back to make sure they don t jeopardize their situation and they are safe and we are safe as well. officers