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Perhaps things changed in the 20 years since I graduated, but based on the college aid packages offered to me, it was less expensive for me to go to MIT than it
by Anechoic 7y ago
Perhaps things changed in the 20 years since I graduated, but based on the college aid packages offered to me, it was less expensive for me to go to MIT than it was to go to UMass Amherst.
- acomjean 7y agoAs a Umass Amherst alum, I knew a couple of people there who got into MIT, and didn't go due to the cost. There were lots of students at UMass, who were foregoing private schools. Those tuitions seem like a bargin today. You probably got a good package. That was about 25 years ago, when Tufts was the first college to break to 20k/year barrier.
- junar 7y agoAs they mention, financial aid is the big factor. I suspect that the majority of people turning down these schools would not be eligible for significant financial aid awards. MIT without financial aid: $67,342 MIT with "average" financial aid: $18,025 UMass in-state: $29,876 https://web.mit.edu/facts/tuition.html https://web.mit.edu/facts/tuition.html https://www.umass.edu/umfa/undergraduates/costs https://www.umass.edu/umfa/undergraduates/costs
- jdminhbg 7y agoThe upper elite of private schools (including MIT) are different from the vast majority of good-but-not-elite private schools.