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You only get the net price after applying and submitting a FAFSA. The net price is only useful if you intend to go there. It's functionally useless for any othe
by yardie 3y ago
You only get the net price after applying and submitting a FAFSA. The net price is only useful if you intend to go there. It's functionally useless for any other purpose. If the price says $100 then for most everyone it's $100.
- aimor 3y agoThe number of people where the net price =/= sticker price is growing. "In 2000, 44.4% of all undergraduates received grant aid, whereas in 2016, that number increased to 63.1%."
- sgustard 3y agoI was offered a $10k/year academic scholarship in my state school offer letter, no application required.
- mwerd 3y agoThere are resources such as https://collegecost.ed.gov/net-price https://collegecost.ed.gov/net-price to help with the information. College prices are about as real as hospital prices. Sure, some outliers literally pay that much, but the vast majority receive a discounted price for various reasons. When you factor in those discounts, the cost inflation is 2.5x instead of 17x as the article suggests. It's more than a forgettable idiosyncrasy. It's "how it works" and if the author of the article doesn't mention it, they're either so ignorant as to not be worth reading or they're being dishonest. I thought it was important to give that context. American higher Ed is often about prestige and branding. The pricing strategy is similar to luxury goods.