Colleges try to control costs

January 12, 2012 Updated Jan 12, 2012 at 8:23 AM EDT

By WKBW News

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January 12, 2012 Updated Jan 12, 2012 at 8:23 AM EDT


College is not cheap these days and even pricey private schools realize that. Officials with St. Bonaventure University say they are trying to control costs. That's part of the focus of the university's five year financial plan that was just completed in the fall.

School officials say they want to be able to manage the combination of tuition and financial aid. School president Sr. Margaret Carney says she wants parents to be aware of the challenges and the efforts being made to control costs. "We're trying to pay attention to the dilemmas that people have about affording private education," she said. "So we're working very hard to keep our financial aid picture robust to really make access available for a large number of students whose families might be questioning the affordability of college right now."

A report in this week's Business First shows how many area colleges are struggling with enrollment as some students consider college to be too expensive.

"We think, given the volatility in the economic climate right now, it's good news for parents that we're not taking for granted the anxieties that they are feeling," Carney said.

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