WILMINGTON – Goldey-Beacom College (GBC) today announced joining the Lower Cost Models for Colleges (LCMC) Consortium. This partnership further aligns GBC with its mission to offer an affordable, quality education. Through the LCMC, GBC will share courses with other similar, accredited institutions to increase offerings to students while simultaneously lowering tuition costs.
“This particular model will enable us to expand our majors and concentrations,” said Dr. Colleen Perry Keith in a statement. “This option will not replace any of our current concentrations or majors. It will expand our program offerings and widen our appeal to students. In most cases, students might take three to four courses online through another institution while still earning credit at GBC.”
The LCMC evolved from the leadership of Lasell College President Michael Alexander as well as philanthropic organizations that include the Bill & Melinda Gates Foundation, Davis Educational Foundation and the Lumina Foundation.
The LCMC was formed in 2017 by 19 independent college and university presidents in response to the national crisis of affordability, accessibility and matriculation. This cooperative program offers economic efficiencies that will increase enrollment, improve educational outcomes and job opportunities for graduates and lower tuition over time.
Founded in 1886, approximately 1,800 students are enrolled from 22 states and over 60 nations. GBC offers 41 degree options in its graduate and undergraduate programs with majors in psychology, economics, criminal justice, English and all areas of business including accounting, business administration, entrepreneurship and finance.
