The University of Iowa College of Law is the latest law school to slash tuition amid declining enrollment.

University officials on Dec. 4 approved a 16.4 percent tuition cut. Iowa residents next year will pay $21,965 in tuition—a $4,309 reduction—and the reduced tuition will apply to both current and new students. Nonresidents who enroll next fall will see tuition fall by $7,750 to $39,500.