Tuesday, September 6, 2011

Groupon: College Scholarships of the future?

If you've ever used Groupon, you know that it's a fantastic way to find local discounts and deals on restaurants and supplies.  What you may not know, though is that one Chicago university is now using Groupon to give away 60% discounts on tuition.

According to this article on Mashable, National Louis University is trying to attract students to its graduate teaching program with this deal, which cuts tuition for student teachers from $2,232 to $950.  The offer goes live today and is open to 25 lucky graduate candidates, so don't be surprised if Groupon is a little slow today.

What do you think?  Is this just a marketing gimmick to get the university's name out there, or do you think this could set a trend for other colleges and universities in the future?