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College and University Discussion
Reply to "Amherst College COA $92,816 per year"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How does it justify costing a full $10K more than peer institutions like Williams, Bowdoin, Swarthmore?[/quote] That’s not the cost differential.[/quote] Yes, it is. All three are ~82K.[/quote] Sigh. Once again: tuition and room and board costs vs. tuition and room and board costs and personal expenses and travel etc. Apples and oranges. Difference is maybe 2 grand at most. Maybe Amherst should not put these other expenses on their website — Williams does not, though they are obviously budgeted for financial aid — to avoid this confusion. But at a certain point, if this thread wants to willfully stay confused, have at it.[/quote] Personal expenses and travel are not budgeted for mainstream financial aid. Maybe they are for special "dirt poor" programs. [/quote] Amherst has always budgeted travel for financial aid as well as all food and board. It’s one reason why their financial aid packages are better than some others. I’m also a little confused by the stat that 50% are in the top 10% of income. If that’s right that means Amherst is giving financial aid to many students in the top 10% of income which would suggest the whole middle class is getting financial aid (since 65% of class gets financial aid). [/quote] Always may be a stretch. I think this is a more recent phenomenon.[/quote] I graduated 25 years ago, and my financial aid covered two trips home a year, books, and personal expenses. There was also a check for $300 in my campus mailbox when I first opened it to cover expenses for outfitting my dorm room and getting winter gear. Amherst definitely did right by me and my family. They also transferred my financial aid when I wanted to do two different study abroad programs, one of which led to my career.[/quote] I graduated 29 years ago and did not get that winter coat check! Bummer as it would have been really helpful as I remember stretching to buy one at Springfield mall. They did totally cover my study abroad program though, which was phenomenal. [/quote]
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