WEST LAFAYETTE, Ind. (WLFI) — News 18 reported earlier that Purdue is freezing tutition for the eighth consecutive year and that's something prospective students are excited about and of course it has Purdue President Mitch Daniels smiling ear to ear. 

Daniels isn't sure when the streak will end.

"Obviously it'll end at some point," said Daniels.

But, that point won't come for a while. Tuition is frozen at Purdue until at least the 2020-2021 school year.

"We just take it year by year." said Daniels. "We've been pleased that we have been able to go as long as we have. Never would have forecast that."

The forecast called for over $465 million in saving for Purdue families since 2013. Purdue students should be paying $1,400 more for tuition to keep up with the national increase.

It's also now the most affordable Big Ten university. It's something prospective students and their parents like to hear.

"It's definitely a big factor," said Caleb Becker. "I mean accessibility and being able to actually afford a degree is very important."

"It's good," said Melissa Kramer. "It's a good consideration for a school if they are not raising the price."

"Myself and my wallet thank you that it's going down," said Melissa Kramer's dad David Kramer. "That it's not going to atleast increase."

"One reason we were looking at Purdue in the first place was just the affordability," said Caleb Becker's dad Matt Becker. "They ranked really high on that and just to know that they take that seriously and they are looking to maintain that reputation."

Purdue's reputation has also positively impacted staff and faculty. More than 80 percent will receive a one-time $500 appreciation payment.

In addition Daniels said the university will offer a 2.5 percent merit raise pool. To the president of the university it is all about quality.

"We will never penalize quality or pass on an important investment in order to and simply in order to keep costs down," said Daniels.

Costs for tution will remain at $10,000 for Indiana residents, but what do out of state students like Caleb Becker think?

"It is kind of scary thinking how much money this degree will cost you and how it could affect the rest of your life," said Caleb Becker.

Becker adds he think its worth it and so does his dad.

"This is a big jump for out of state obviously, but it something that when you look at affordability perspective and overall package and the quality of education I think that all works very well," said Matt Becker.

What works very well to President Daniels is the fact that more and more students are attending Purdue.

"Purdue has more students than it has ever had and having more students is contributing to our ability to keep tuition down," said Daniels