If you want to use a credit card to pay your tuition at Drake University, Des Moines, Iowa, be prepared to pay more. In addition to the 4.11% tuition hike, which recently went into effect, students will now have to pay an extra 2.75% surcharge if they use a credit card.
With a tight economy and budget cutbacks, it’s another way colleges and...
If you want to use a credit card to pay your tuition at Drake University, Des Moines, Iowa, be prepared to pay more. In addition to the 4.11% tuition hike, which recently went into effect, students will now have to pay an extra 2.75% surcharge if they use a credit card.
With a tight economy and budget cutbacks, it’s another way colleges and universities are looking for ways to save money. In the past, the university absorbed the annual $250,000 cost for allowing students to use cards, but President David Maxwell said the university can’t afford that anymore.
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