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College and University Discussion
Reply to "Your merit aid success story"
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[quote=Anonymous][quote=Anonymous]In my observation there seems to be two things going on with small SLAC that aren't sitting on low acceptance %, big endowments, and top rankings. Some schools are cutting tuition from 20-30k a semester to 20-30k a year. Other schools are offering a steep sticker discount. In a lot of cases it brings the cost down (before FA) to amount to the same thing: 30k tuition 15k room and board. I don't think this is a coincidence. I think it might be what the market will bear, what a donut hole family can probably manage to pay. In our case I'm not quite sure how, but that's our problem. I think it's probably a realistic cost of what college 'should' cost. [/quote] Colleges definitely seem aware of what peers will offer. DD last year got merit at LACs ranked in the 70s-80s that all got to a total cost of around $30-$35k. A couple in the 40s range both came in around $40-$50k.[/quote]
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