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News

What’s behind the sky-high cost of a college education — and are there any solutions?

November 7, 2022 By MyIntuition

College Sticker Price

The Biden administration’s announcement that up to $20,000 in student loan debt will be canceled for borrowers will bring welcome relief to millions, as long as courts allow. But that relief won’t do anything to slow the rapidly rising cost of going to college. In the 1963-1964 academic year, the average annual published cost of in-state […]

Filed Under: News

How can we fix the college affordability problem?

April 9, 2022 By MyIntuition

Student Loan Debt

It is no secret that we have a higher education affordability problem in the United States. The staggering costs can amount to $80,000 per year at private colleges and universities and $30,000 per year at public institutions. Who can afford that? Yet the true cost of college is typically much less than that because of financial aid. The real problem is that students from lower-income families still face charges far greater than they can afford even after accounting for financial aid.

In my forthcoming book on the crisis in college pricing, my research team used net price calculators at 200 randomly chosen four-year residential institutions to estimate how much colleges actually charge students at different income levels.

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Filed Under: Featured News, News

Republicans are Wrong; Doubling the Pell Grant Is Good Policy

August 16, 2021 By MyIntuition

Doubling the Pell Grant Is Good Policy

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 […]

Filed Under: News Tagged With: afford college, college cost, Doubling the Pell Grant, Good Policy, Pell Grant, Republicans are Wrong

College Costs Are Notoriously Opaque. Use These Tools to See How Much You’ll Pay Before Applying

October 28, 2020 By MyIntuition

Money College Cost

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 […]

Filed Under: News, Uncategorized

Reassessing our Financial Aid Policies due to COVID

September 21, 2020 By MyIntuition

COVID Impact

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 […]

Filed Under: News

Dartmouth attributes MyinTuition with increasing the socioeconomic diversity of its early decision applicants

December 19, 2019 By MyIntuition

Dartmouth

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 […]

Filed Under: News Tagged With: college acceptance, dartmouth, financial aid

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