Who knew this was possible?

Fox News reports.

Paying for College: Yes, you can (and should) negotiate over price

This month, tens of thousands of high school seniors will find out whether they have been granted admission to the college of their choice. Those letters will be followed in short order by financial aid offers – and it’s that information that parents will be following most closely. That’s because, these days, getting into school isn’t the tough part, it’s paying for college. College administrators know this too well.

Patrick T. Harker, who will lead the Philadelphia Federal Reserve after running the University of Delaware, wrote in an op-ed last month that universities face extinction if they continue to price themselves out of reach of the middle class.

Already, college students are graduating with an average of $33,000 in debt, an extraordinary sum that could have financed a car or provided a down payment for a home, but instead will saddle former students for years to come. In short, college debt is one of the biggest financial threats to American families.

That’s why it’s so important for parents to take control of the process and negotiate lower education prices. It can be done.