Reply to Is It Really Gonna Cost $280K? OMG

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]DD got in to Northwestern and she is over the moon.

If we continue to save $1K a month, we should only be $35K short for the 4 years of tuition.

Still it's SO MUCH $! Am I the only one that feels this way?  My DD has brought it up more than once to me.  I tend to be okay about money issues.  Just want to make sure I am not missing anything.

TIA[/b] [/quote]

Dear OP - I think the costs are going to be higher than you may think based upon your post.  [b]Costs of attendance at NW (I have no affiliation or position on Northwestern) are now $76,000 a year,[/b] as is common among many of the private colleges and universities. [/quote]

No, it's not $76K before incidentals. It's no bargain but let's not keep inflating the number. I do have a freshman at NU (never NW, by the way) and I just got done paying her bill for the Winter quarter so I can tell you what it costs down to the penny. The quarterly breakdown: tuition $18,040; room (double) $2,974; meal plan $2,176 = $23,190 x 3 (quarters) = $69,570. Add in a few hundred per quarter for books etc, plus relatively cheap airfare to Chicago several times a year, plus a budget for other random stuff, and the total package price should be somewhere around $72K. So, again, not arguing that it's a bargain, but just giving the real numbers for the sake of accuracy. Also, on-campus jobs are plentiful and DD got one at the student center for around 10 hours a week that covers her incidentals.[/quote]

Yes, it is - $75,576 to live on campus.  Maybe this is for next year, but it's right here.  https://undergradaid.northwestern.edu/aid-basics-eligibility/cost-of-attendance.html[/quote]
Do you know how to read a chart?

From the link:
Direct costs are tuition (54,120), fee (447), on campus room and board (16,626).

It is only when you add in the indirect costs (“THESE EXPENSES WILL NOT APPEAR ON YOUR INVOICE FROM NORTHWESTERN”) do you get the $75K number. [/quote]

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