Tuition

What Studies Show that Elite Colleges Are Worth the Cost?

Question: Can you direct me to any studies that support what I will call the “reputational difference” of attending an “elite” school. My son is applying to UPenn, Princeton, Stanford, WashU, Northwestern as well as a few smaller private institutions. The cost to attend these “elite” schools is $25K – $30K higher than these smaller ...

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Finding The “True” Cost of College

One of the dangers of shopping for colleges is looking only at the so-called “sticker” price. The analogy is car shopping. When you go to a dealer’s showroom or car lot and wander among the shiny new vehicles there, perhaps your first stop is the price sticker in the window behind the driver’s door. This ...

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Most Expensive Colleges for 2011-2012

Here’s an amazing fact: In 2007, there was only one college that had a total cost of over $50,000. Now, there are 20 that cost over $55,000. Sounds like lots of schools are jumping on the high-cost bandwagon. The first question that pops into my head is: Are we getting what we’re paying for and ...

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Pricey Prestigious College vs. Great Merit Money?

Question: I’m sure this question is asked again and again, but I think it’s very common. I scored super high on the SAT and have a strong GPA. I have been award substantial scholarship money to so-so colleges, and some scholarship money to some big-name universities. If a college isn’t in, say, the top 30 ...

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College Cash for Christmas

Thanks to the global connectivity potential of the Internet, my blog here attracts all kinds of press releases from PR and other marketing-related firms. Some of these releases are helpful while others make little effort to obfuscate their desire to push products or services. Of course, this is the price we pay for being able ...

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College Debt Is Out of Control

Back in the late ’90s we had the dot-com bubble.  Later came the housing bubble. Now another bubble is about to burst: the college-debt bubble. For all of you families out there who are in or about to enter the college admissions process, it’s time to take a hard look at the realities of college ...

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The $64,000 Question

Are you familiar with the term “ROI”?  In the business world, it stands for Return on Investment. In the world of college admissions, ROI can play a significant role, too. Like the old TV quiz program, the $64,000 Question (which will soon be the yearly cost of elite colleges) is: Does it matter where you ...

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A $200,000 Student Debt?

I’ve been through the student debt mill twice, both as a student and as a parent. It can be a real swamp of quicksand. In today’s hard economic times, both high schoolers and parents might be asking themselves just how much debt is too much, in light of the possible return on that investment in ...

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