4 ms·
$180,000 and under, all you have to pay is 10% of your parent's income for Harvard. Above that it scales, but still you have to be well in the $200s+ before you
by intenex 15y ago
$180,000 and under, all you have to pay is 10% of your parent's income for Harvard. Above that it scales, but still you have to be well in the $200s+ before you have to pay the full admission price. Similar for Princeton/Yale other schools with a shitload of money, though I'm not sure of the exact numbers.
Given a median household income of ~$50k in the US, I'd say yes, elite schools are almost unequivocally cheaper across the board than state schools. Common misconception held by most.
- Retric 15y agoShepherd University's is 4,500$/year tuition and Harvard's endowment is vastly superior to most Ivy's which enables them to have significantly lower tuition. Also, the income of parents sending their kids to collage is significantly better than the national average household income. Part of this is Age: "Households headed by persons between the ages of 45 and 54 had a median household income of $61,111 and a mean household income of $77,634." http://en.wikipedia.org/wiki/Household_income_in_the_United_States http://en.wikipedia.org/wiki/Household_income_in_the_United_... And part of this is education: http://en.wikipedia.org/wiki/File:Income_Education_91_to_03.jpg http://en.wikipedia.org/wiki/File:Income_Education_91_to_03.... with a higher percentage of people with a collage degree sending their children to collage.