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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Here is one example. There is massive discounting based on income (financial aid): 
Williams College Tuition & Expenses
Tuition and fees $59,660 (2021-22)

Net price for federal loan recipients (2018-2019) $19,480

Net price by family income (2018-2019)

FAMILY INCOME	 	AVERAGE COST
$0-$30,000	 	$2,498
$30,001-$48,000	 	$2,223
$48,001-$75,000	 	$7,134
$75,001-$110,000	 	$14,653
$110,001+	 	$40,664

https://www.usnews.com/best-colleges/williams-college-2229/paying

[/quote]

I guess the takeaway is that if you make $111,000 and your kid is going to Williams you need to lobby for a salary cut.

This actually presents a great explanation of why probably everyone on the above scale would need loans.  Even the $30k person has to pay for room and board on top of Tuition and expenses, so it's $2,500 + $10,000? (I am probably lite)...the $30k person likely has zero saved...so that is $50k in loans for the kid

The $115k family is really screwed.  They have to pay $40,664 + $10,000 - $50,664.  $115k after-tax is probably $80k.  [/quote]

The prices are average.  So, $40,664 is an average price for those with income &gt;$110K.  That's why there is such a jump at $110K.[/quote]

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