Planet Money – Cost of College

From 5-15-12:

-high sticker price of colleges is not the same as what people actually pay.  

-high sticker price connotes “better” education and allows schools to offer higher scholarships

-some people will pay the higher price enabling schools to offer high scholarships and aid to those who went/can’t

-actually cost of private college that people pay has started relatively constant over the last few decades accounting for inflation

Leave a comment