The richest liberal arts university in the country, Williams College, has slashed tuition by 15% "in recognition of the extraordinary circumstances and of this academic year and the uncertainty we face in the year ahead," according to Bloomberg. Williams, which has a $2.9 billion endowment (as of June, 2019) will also be canceling sports competitions and travel for the season according to a Monday statement.
For the 2020-2021 academic year, Tuition, room and board will set back rich parents and lending institutions $63,200. Of note, four years at the university will set one back more than the average mortgage balance carried by millennials.