Updated: March 1, 2013 9:59PM
WEST LAFAYETTE (AP) — Purdue University is freezing its tuition costs for the next two years in response to the nation’s lingering weak economy.
The Journal & Courier reports the freeze means the cost of basic in-state tuition at Purdue will remain about $10,000 until the end of the 2014-15 school year. Purdue President Mitch Daniels was scheduled to announce the move Friday, but some details were released Thursday.
Under the freeze, the current base tuition for Indiana and out-of-state students on the West Lafayette campus will remain unchanged for two years.
Daniels said in a statement that “in this period of national economic stagnation, it’s time for us to hit the pause button on tuition increases.”
He says Purdue’s students and their families “deserve a high-value education that they can afford.”