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College, Cheaper Than You Think

April 19, 2017 By MyIntuition

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.
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“A simplifed financial-aid calculator—much easier to use than the federally mandated calculators that most colleges create—has begun spreading beyond Wellesley College ...[raising] the possibility that information on actual college costs will become more widely available.”
— David Leonhardt, New York Times

“We want students to apply because they think it is the best fit for them. We don’t want a misperception about cost to be a barrier. MyinTuition helps prospective students and their families quickly get past those misconceptions.”
— William Dudley, President, Washington and Lee University

"I used the MyinTuition tool at multiple points in the college search and application process. I was relieved to find the numbers manageable from the start. The most important time I used it, however, was the night after I got my acceptance letter and before I received my financial aid letter. It reduced my stress greatly to see the numbers, and when I got my award letter the next morning, my actual numbers were very similar... And affordable."
— Ciara Cheli-Colando (Wellesley College, Class of 2020)

ny times

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