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Even if your tuition to Harvard or Yale was $0/semester, you still need to live nearby to attend. And if you're going to succeed, you're not going to want to h
by coredog64 10y ago
Even if your tuition to Harvard or Yale was $0/semester, you still need to live nearby to attend. And if you're going to succeed, you're not going to want to have to take a minwage job in order to eat/stay warm/have clothes. Having the money to set up a student in a completely separate apartment (or whatever) means you're more likely to be in that $125k range than not.
- closeparen 10y agoThis is "not even wrong." Residential life is part of the package of top-tier universities - you live in the dorms first year by default, and are usually required to. When students migrate to nearby apartments depends, and is sometimes never. Financial aid offices "meet demonstrated need" and don't typically differentiate between tuition, fees, and room and board. If a student with a full ride moves off, financial aid cuts them a check for living expenses. Sometimes this amount is calculated based on the expectation that the student will work a campus job (with govt-subsidized wages - Work Study) and sometimes not.