Reply to SCHEV stats for VA colleges for last admission cycle released

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[quote=Anonymous][quote=Anonymous]I was digging into the data. For 2021-2022 grads, roughly the same percentage of the class graduated with student loans— roughly 1/3 of grades.  But the average total loans from WM were $21,000 for a BA. For UVA it is $51,000 for a BA. That’s a huge difference.

Why is that?  W&M is more expensive in state and less expensive OOS. Is W&M better with financial aid?  Or is it that it’s a small SLAC like school and students are self selecting and just more affluent? I would have predicted WM students to have more debt because most students are in state. [/quote]

I don't think this is right and I can't find it.  I suspect they are fairly close in debt amount.  The schools have similar, but somewhat different approaches on aid.  Merit is funded by external foundations at both.  Financial aid at UVA is need blind overall, while W&M is need-blind only for in state.  W&M has more focus on lowering net cost for in-state lower- to middle-income families (up to $110K/yr.), as can be seen on a summary from net cost calculators.

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/[/quote]

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