Reply to UMC How Do I get a Good Deal Tuition?

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[quote=Anonymous]NP here.  Interesting, and expected response about "helping out".

The issue is that many colleges have raised the cost so high and yet their "net tuition" is far from that amount.  That's the subsidy part.  For every full price pay in a NESCAC school there is someone who pays nothing.  You can confirm that on the colleges common data set, where the net tuition paid is roughly 50% of the gross sticker price.  So in other words for a full pay person 50% of the amount paid is a subsidy, or "helping out".  Many of the Forbes top 100 have similar net tuition revenues of about 50% of full pay.  Many might consider 50% a lot of "helping out".  I don't know of many people in this area who voluntarily donate 50% of their earnings to charitable causes.  It's just a lot for folks to stomach.  I understand in the college context your participation is capped at the total tuition cost, which for super high earners may amount to a rounding error and not a material amount.  For the rest of us it's still a lot.

To get to some place where a full price payer pays somewhere near an average net price you need to be at one of the schools offering "merit" or otherwise known as cash pay discount.  But the cost here is that your applicant's statistics need to be at the top of the college's band in order to get there.

If you are truly talking "bang for your buck" your state's schools will likely high because of the reduced tuition for everyone.  Other states' schools would also likely present cost opportunities for strong stats again because of the lowered tuition point.

Anyone have options of highly ranked schools where full pay tuition is 130% or less of net tuition collected?  That seems to me like still a lot of "helping out" from the full pays.  But most schools seem to request more.

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