Re:Three Levels of Wealth
by dragonwriter on Thursday August 02, 2018 @07:17PM
(#17676244)
“Expensive” private universities often have lower net costs for the poor than public universitied, even though the sticker price is higher, because they can offer their own need-based grants.
(Lots of poor people applying for colleges don't know this, of course, and restrict themselves to “cheaper” public schools.)
But, in-state tuition at universities can be very affordable. The average public four year tuition is $6,841. Knock out two years at junior college and it's even cheaper.
There are pretty generous subsidies based on income, where you can get junior college almost for free.
Yes private university tuition is very expensive, but public colleges are not.