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Absolutely! But many of Harvard's peer institutions have sticker prices just as high without the same level of financial aid. I'd say a fairer metric to use for
by smeyer 11y ago
Absolutely! But many of Harvard's peer institutions have sticker prices just as high without the same level of financial aid. I'd say a fairer metric to use for comparison is what fraction of people have sufficiently large financial aid packages that they pay less than $X where X is some reasonable value (maybe the median cost of in-state tuition at flagship state schools?).
Another thing to watch out for is schools that say "the MSRP is $50k but we gave you $30k in aid so it's really $20k" when that $30k is loans, not grants. Harvard doesn't use loans (and very few students take them out), but as you go down a few tiers in financial aid that changes rapidly.