Press release submitted by Augustana College
At the same time the college announced its tuition increase, Executive Vice President Kent Barnds released "The Augustana Story," a document providing a broad array of data and information about inputs, outputs and outcomes at Augustana College. Promising "no fancy words" and "no funny numbers," the document was designed to help parents, guidance counselors, prospective students and others.
Content in "The Augustana Story" is presented in four main areas: information on (1) students, (2) faculty, (3) alumni and (4) finances. Listed under "Our Investment," the financial information includes everything from where tuition dollars are spent to the cost to enroll in a class, and from salary data to the average indebtedness of graduates.
The document says, "Tuition and fees make up the largest source of revenue for Augustana. Two-thirds of tuition dollars goes toward financial aid for our students, in addition to compensation and benefits for the faculty who teach our students and also the administrators and staff who manage and maintain the college for our students."
Barnds explained that the "Augustana Story" is a response for critics and a transparent view of what happens at the residential liberal arts college. As tuition is increased, he recognizes families need to know what they are getting and be assured that Augustana students are engaged on campus and transformed by their experiences.
"We realize it's increasingly difficult to know what to make of higher education. Pundits ask about the value of a college diploma and what's happening on college campuses," said Barnds.
He continued, "At Augustana College, we hold ourselves to high standards of accountability. Because we are proud of what we do and because we want to be more transparent about what we do, we've developed an in-depth profile of the Augustana experience."
Aledo, IL Details
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