Re:A College Degree Is No Guarantee of a Good Life
by geodel on Friday July 31, 2020 @01:33PM
(#24011169)
I think this is bullshit. Why would institutes put such high sticker price or why wouldn't they put price clearly based on income level. No one likes when hospital do not give clear price for treatments, same applies for university.
Would it better if stores listed loaf of bread at $300 and then people can negotiate the price from there?
Re:A College Degree Is No Guarantee of a Good Life
by leetcrew on Friday July 31, 2020 @01:48PM
(#24011350)
> Why would institutes put such high sticker price or why wouldn't they put price clearly based on income level.
they don't put a clear price because they take a lot of different factors into account. take a look at this tuition estimator for vassar: https://studentfinancialservices.vassar.edu/calculator/quick...
the grant is calculated based on your family's income, home value, savings, investments, number of children, and a couple other data points. they can't give an exact number until they see your FAFSA. it sucks that this is so complicated, but I argue most of this is necessary to fairly calculate grants. two different households making $60k might have wildly different abilities to pay for tuition.
Re:A College Degree Is No Guarantee of a Good Life
by thereisnospork on Friday July 31, 2020 @03:30PM
(#24012875)
Because international students (have to) pay sticker. The schools can't (or won't) discriminate on price explicitly so this is what they do.
this is true if you look at the sticker price, but does the actual cost for a low-income family grow at that rate? I'm having a hard time finding a source that shows by year what a bottom quartile family would have paid for tuition at an in-state public university or an elite institution.