The crisis of college affordability is in the air. The agony of the 2017 college admissions cycle just came to an end; many students and families just spent a harrowing weekend figuring out how they will afford the bills. And New York State’s recently passed Excelsior Scholarship, which provides free in-state tuition at public universities […]
By Kirk Carapezza It’s a dizzying time for high school seniors making their college decisions, but the next step — calculating how much it’s all going to cost — can be even more mind-boggling. Now, a handful of selective schools are trying to make the true price of college a little more transparent with […]
By Phillip B. Levine My father, a child of the Great Depression, used to say, “for free, take.” But sometimes free isn’t always a good deal. “Free college tuition” is an example of that. New York State’s recently passed Excelsior Scholarship, for instance, provides free tuition for all students whose family income is below $125,000. […]
How much would you say it costs to attend a top private college like Dartmouth or Pomona for one year? I’m guessing that the first number that pops into your mind is quite large, like $60,000.For most Americans, that’s the wrong answer — and it’s wrong by a lot. The list-price tuition at these college does indeed run so high, but just a small slice of the population pays the list price. Typically, only families earning at least $200,000 a year fail to qualify for financial aid. For families with middle-class incomes, highly selective colleges are much, much less expensive.
Make it easier to estimate real costs, and more students may take a chance on elite colleges by MIKHAIL ZINSHTEYN Yuna Ishikawa was in her senior year of high school in 2014 when she made the drive with her mother from Oberlin, Ohio, to visit Wellesley College in Massachusetts. She loved the place, but not […]
By David Leonhardt A simplified financial-aid calculator — much easier to use than the federally mandated calculators that most colleges create — has begun spreading beyond Wellesley College, where it began two years ago. The spread, to the University of Virginia and Williams College, starting Monday, raises the possibility that more colleges will follow and […]