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By substantially discounting costs for all but the very wealthiest students, Harvard shook up the landscape of college pricing.
According to the College Board's 2013 Trends in College Pricing report, full costs (tuition plus room and board) range from around £19,762 to £25,265.
Experts on college pricing say they worry about how that has affected people whose incomes are somewhat above average — those who neither qualify for generous need-based aid, nor are affluent enough to shrug off increases.
Zachary, a senior at Oak Park and River Forest High School near Chicago, and his parents have a new window into college pricing that millions of families before them did not.
According to the College Board's 2011 Trends in College Pricing report, about half of all full-time undergraduates attending four-year colleges are enrolled at institutions with published tuition and fees (the sticker price) below $10,282.
According to the College Board's Trends in College Pricing 2011, only 2.5 percent of undergraduate students are enrolled in public and private non-profit four-year colleges that charge $42,000 or more in tuition and fees per year.
Similar(39)
State college prices have gone up largely because state governments have drastically cut college aid.
College prices have risen faster than the prices of other goods and services in recent years, even as family incomes have declined.
The college prices that most students actually pay are going up again, after having been stable for several years, according to a report from the College Board.
Kevin Carey writes for The New Republic about the ever-growing cost of higher education, and how to solve the problem: But while the administration has done a great deal to mitigate rising college prices by increasing funding for Pell grants and making it easier for students to pay back loans, it has done little to restrain the growth of college prices themselves.
E-mail address GO SIGN UP Share Tweet But while the administration has done a great deal to mitigate rising college prices by increasing funding for Pell grants and making it easier for students to pay back loans, it has done little to restrain the growth of college prices themselves.
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