The exchange program gives students from Midwestern states tuition discounts at participating universities. While public colleges and universities typically charge a premium to out-of-state students, those in the program agree to charge eligible students no more than 150% of the school’s in-state tuition for specific programs, and private colleges offer a 10% reduction in tuition, according to the Midwestern Higher Education Compact, which oversees the program. Students typically save $500 to $5,000 per year, the compact said.
