Alumni of St. John's University in New York who have lost their jobs in the last six months have something to smile about: A 50% discount on grad school tuition at their alma mater.
The discount, which is effective for two years, allows displaced grads to return to school at half the cost. The $70 St. John's grad school application fee is also waived. According to Crain's New York, the standard tuition for St. John's graduate programs ranges between $865 and $1,040 per credit.
University Discounts for Jobless Alums
St. John's Gives 50% Off Tuition for Laid-Off Grads
Trend Themes
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Discounted Education for Jobless Alumni — Providing discounted tuition for jobless alumni offers an opportunity for universities to support their former students during challenging times.
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Higher Education Affordability — Offering reduced tuition rates and waived application fees helps make higher education more accessible, particularly for individuals facing unemployment.
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Supporting Alumni Career Transitions — Discounted tuition programs for laid-off graduates can serve as a valuable resource for individuals looking to upskill or pivot careers.
Industry Implications
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Higher Education — Universities can take advantage of the trend by implementing similar discounted tuition programs to attract and support jobless alumni.
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Career Services — Career service providers can partner with universities to offer additional resources and guidance to displaced alumni taking advantage of discounted education opportunities.
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Student Loan Providers — Student loan providers can explore innovative loan repayment options tailored to individuals taking advantage of discounted education programs, helping to alleviate financial burdens.