@hackernews@die-partei.social
"US college costs just keep climbing. And the increase is pushing the annual price for the upcoming academic year at Ivy League schools toward yet another hold-on-to-your-mortarboard mark: $90,000.
Full costs at elite private colleges already stretch well into the $80,000s, or upward of $320,000 for four years. At places like Brown University, the cost of attendance (tuition, room, board and fees) is almost $85,000, well above what the typical US household earns. Financial aid, in the form of grants, scholarships, loans and work-study programs, closes the gap for many."
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"“At some point, that math stops working out,” said Akers, a senior fellow at the American Enterprise Institute, a conservative-leaning think tank. “We get to a place where these degrees are just no longer worth it.”
Even at today’s high and rising prices, a bachelor’s degree tends to pay off in earnings power — though that can vary widely depending on the major. And at the most elite US schools, there’s no sign of a slowdown in demand for coveted spots."
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with typical assets are able to attend Columbia tuition free.)
(2022-2023)
Massachusetts Institute of Technology:
Cost of Attendance: $79,546 (tuition, room, board and fees.)
Students who receive aid: 58% (For families with typical assets and incomes under $140,000, MIT tuition is free.)
(2023-2024)
Harvard University:
Cost of Attendance: $76,763 (tuition, room, board and fees.)
Students who receive aid: 55% (Families with annual income of $75,000 or less do not pay anything towards the cost of a Harvard College education.)
(2022-2023)
Princeton University:
Cost of Attendance: $76,040 (tuition, room and board).
Students who receive aid: 62% (For families earning up to $100,000 with typical assets, the financial aid grant typically covers the full cost of tuition, room, board and personal expenses starting in the fall of 2023.)