Students Get New Yardsticks to Measure Colleges
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  • Jane the Actuary

    I’ll just go back to my longstanding gripe on metrics which try to determine average level of subsidies, or actual price paid (vs. the “sticker price”): people speak and write as if tuition is up for negotiation I the same way as car-buying works. But it’s not: the university determines how much you can “afford” to pay by scrutinizing family finances, and, by and large, the offer they give you is what you’re stuck with. A student whose family (rightly or wrongly) concludes they can’t or won’t pay the “expected family contribution”, is pretty much SOL. http://janetheactuary.blogspot.com/2013/08/have-you-ever-really-looked-at.html

  • Chris_8304

    It is actually not true that students/parents are price takers and have to accept whatever discount the institution offers. This is especially true as the student’s “academic quality” rises. It is becoming much more common for students/parents to negotiate discounts, playing one institution off of the other. This “merit” aid is unrelated to the student’s financial declarations and is, for the most part, completely at the institution’s discretion.

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