Lots of talk these days re: skyrocketing college tuition prices.
That’s certainly true of list prices, but these prices are becoming more and more like new car sticker prices – maybe even worse.
According to the latest annual studies done by NACUBO (National Association of College and University Business Officers), approximately 89 % of first-time, full-time freshmen at institutions surveyed received institutional grant aid.
English translation: in most cases, “institutional grant aid” is simply a discount from the tuition’s list price.
And, the discounts aren’t trivial amounts … they are approaching 50%.
Think, half-off sales at Kohl’s
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So, who is paying retail any more?
