Post by healthy11 on Sept 22, 2015 21:30:31 GMT -5
finance.yahoo.com/news/the-truth-behind-college-tuition-discounts-154100184.html
"... in hopes of attracting more students, schools have started using a new strategy — they reduce the sticker price of attendance, make the local news, get consumers’ attention, and spin it all as if they are prioritizing affordability. But what they rarely broadcast is that as the sticker price falls, so does the amount of merit-based financial aid the school offers. As a result, the actual net price of attendance — again, what families pay after financial aid and grants are applied — doesn’t change as much as it may seem...."
"... in hopes of attracting more students, schools have started using a new strategy — they reduce the sticker price of attendance, make the local news, get consumers’ attention, and spin it all as if they are prioritizing affordability. But what they rarely broadcast is that as the sticker price falls, so does the amount of merit-based financial aid the school offers. As a result, the actual net price of attendance — again, what families pay after financial aid and grants are applied — doesn’t change as much as it may seem...."