#college-costs

#college-costs

College sticker prices are often misleading as many students receive financial aid or merit aid, resulting in significantly lower costs than the published price. [ more ]

College costs are reaching unprecedented levels, with a college quoting nearly $100,000 per year for attendance.

Only a small percentage of college students will pay the full list price, while many receive grant aid to cover expenses. [ more ]

Private colleges now exceed $90,000 for tuition and expenses, but financial aid can significantly reduce costs for lower-income families.

Colleges with large endowments focus on making education affordable, with aid often making private colleges cheaper than state institutions. [ more ]

Private colleges in the U.S. are setting costs above $90,000 for the first time, potentially reaching $95,000.

Despite high sticker prices, colleges with large endowments offer generous financial aid, making attendance more affordable for lower-income students. [ more ]

Student debt in the US exceeds $1.7 trillion, with the average debt being $38,000 or more.

There is a growing societal shift towards viewing college education as a private rather than a public good, leading to increased student debt burdens. [ more ]

Federal Education Department zeroed out loan balances for 153,000 borrowers with $12,000 or less, who paid for 10+ years under the SAVE plan.

SAVE plan aims to address the high cost of college, providing debt relief to those in need while focusing on college accountability. [ more ]