Phillip B. Levine writes that such a change would directly benefit low-income students. Recently, a number of Republican lawmakers expressed opposition to proposals to double the Pell Grant. They argued that more generous grants would simply lead colleges to increase their prices, canceling out the intended benefit of making college more affordable for low-income students. However, not only […]
Michael Scarlett knew more about college costs than most parents. A professor of education at Augustana College in Illinois, he understood that the sticker prices colleges advertise are typically reduced dramatically with scholarships and grants, particularly at private institutions. But when it came time for his son Brendan to apply to college last year, he […]
Many institutions are reassessing their financial aid policies in light of the COVID recession. What do college finances look like right now because of COVID and how tricky are financial calculations going to get? Dr. Phillip Levine, professor of economics at Wellesley College and founder of MyinTuition, joined the Enrollment Growth University podcast to talk about where our […]
Dartmouth has offered admission to the first members of the Class of 2024, as 526 early decision applicants and an additional 21 applicants through the Quest Bridge National Match Program were notified of their acceptance on Dec. 12. Dartmouth received 2,069 early decision applications this year, marking the third consecutive year the College has received more than […]
Helping families get past the sticker shock and discover what they might actually pay for college – When many people see the college price tag, they believe it’s financially out of reach. But Wellesley College Professor Phillip Levine, who studies college affordability, says that people often don’t realize there’s a difference between the price of college and the true amount a family might actually pay. Through the development of MyinTuition.org — an online tool that helps families uncover the actual cost — he hopes more students will achieve their college dreams.
With constant news coverage of the $1.6 trillion student-debt crisis and the ways colleges, corporations and politicians propose reducing costs, it’s hard to ignore the fact that college is an expensive investment. There’s an especially dangerous side effect of so much focus on extreme college costs: Some students — often those who are most eligible for financial aid — […]