Education may be more affordable than you think. Let Wellesley’s MyinTuition tool help you anticipate college cost and assist you in your planning efforts. Elite private colleges charge $65,000 or more to attend their institutions, which is out of reach for most students looking to attend college. Their defense is that they offer generous financial […]
Essays
Why are college costs so hard to figure out?
By Phillip B. Levine Editor’s note: Phillip B. Levine is Katharine Coman and A. Barton Hepburn Professor in the Department of Economics at Wellesley College. He helped develop My inTuition, a simplified calculator for college costs. CNN Films presents “Ivory Tower,” which looks at the problem of college affordability. The opinions expressed in this commentary […]
Transparency in College Costs
Executive Summary This paper addresses the lack of transparency in the college pricing system, past attempts to address the problem, and proposals to do more in the future, with a particular focus on selective, private higher educational institutions. Despite recent federal legislation, students still have limited ability to anticipate the costs of college. Survey evidence […]
Simplifying Estimates of College Costs.
Information—or lack of it—was the single most frequently expressed problem. Almost without exception students felt that they were not aware of the possible financial aid programs available to them. Students had no means of planning because they had no information on eligibility rules (College Scholarship Service Advisory Committee 1976, 1). That statement was one of the conclusions of a report summarizing […]
A New Way to Calculate the Cost of College
By Kirk Carapezza and Mallory Noe-Payne It’s a stressful time of year for students who are preparing to send out their college applications. But the next step – figuring out how much it’s all going to cost – can be even more stressful. Now there’s a new effort to make that complicated process a little […]
