"Unveiling the True Cost of College: Government's Role in Price Confusion"
TL;DR
Despite the soaring "sticker" prices of college tuition, a new report reveals that few students actually pay the full advertised cost, as colleges provide financial aid to income-eligible students and merit aid to more affluent families. On average, private nonprofit colleges cut tuition by more than half for first-time undergraduates, making the sticker prices an unreliable indicator of what families will actually pay. The report emphasizes the need for a better system of setting and communicating college prices to help students make informed decisions about educational investments.
- That Giant College 'Sticker' Price Isn't What Most Students Pay The New York Times
- Government is complicit in college cost confusion. Simple steps can be taken to help The Hill
- Ignore the sticker price: How have college prices really changed? | Brookings Brookings Institution
- The mystifying costs of college in California, explained | CalMatters Santa Maria Times
- Gov't aid is part of the problem American Family News
Want the full story? Read the original reporting
Read on The New York Times