Word: nonalumni
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Dates: during 1980-1989
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...model for the pay-now, go-much-later concept a year and a half ago, when it initiated a plan, originally for the children of alumni, by which a payment of $4,450 to the school bought four years' tuition 18 years later. Some 600 have signed up, including nonalumni students, who have since been brought into the program. Canisius in Buff'lo and the University of Detroit now provide similar plans. All three also offer rate-for-'ge variations. A 17-year-old bound for Detroit, for example, can put up $20,284 now for four years starting...