If you are the child of a middle class family in California, it is probably cheaper for you to attend college at Harvard than at a nearby public university.

You read correctly. Cheaper.

The Bay Area News Group recently crunched the numbers using a family of four making $130,000 a year. Between tuition, room, board, and other expenses, that family would pay $24,000 a year to send one of their kids to school at a California State University campus. Although the sticker price on Harvard’s tuition is a dizzying $36,000, the university’s generous student aid would make it a significantly cheaper option.

How much cheaper? The final price of attendance would be about $17,000. That’s also less expensive than the full cost of attendance at the University of California, Santa Cruz ($33,000 a year). It’s even less expensive than the University of California, Berkeley ($19,500 a year), which has begun dolling out more aid to compete with other elite schools. 

There was obviously a time when a middle class student could go to school in California for less than the cost of an Ivy League diploma. That’s changed thanks to two simultaneous trends — one encouraging, one deeply disturbing — that are warping the contours of America’s higher education system. 

Read more.

1. professaycom likes this
2. spam420 reblogged this from le-kif-kif
3. amccalltoarms likes this
4. asongagainstsex reblogged this from theatlantic
5. poojajaja reblogged this from le-kif-kif
6. chrisyforshort likes this
7. rocknrollranting likes this
8. likealonewolf reblogged this from ecstasybread and added:

   This article is so dumb. What, Harvard is going to give away a good $20,000 to every student coming to them with...

9. bricorama likes this
10. dekes likes this
11. ecstasybread reblogged this from le-kif-kif and added:

    a family of four making $130,000 a year is not that in need of financial aid tho…

12. gracefulparking reblogged this from afternoonsnoozebutton and added:

    And that’s why Wellesley.

13. oshnpearl likes this
14. katalysis likes this
15. textualrelations reblogged this from afternoonsnoozebutton
16. the-amaizyng-spectrum reblogged this from afternoonsnoozebutton and added:

    Wut. By the time I get out of high school, I hope this changes. I’m planning on going to CSUN, not Harvard.

17. petrifiedpterodactyl likes this
18. jenio reblogged this from afternoonsnoozebutton and added:

    wuuuuut

19. halfsharkalligator likes this
20. infantdaughter likes this
21. mihn likes this
22. emiscoolerthanyou likes this
23. arghasfd reblogged this from afternoonsnoozebutton
24. thelastredbull reblogged this from thewaronindifference
25. thewaronindifference reblogged this from sinidentidades
26. pensamiento-serpentino likes this
27. skinamarinkadinkadink reblogged this from afternoonsnoozebutton
28. fuegomyeggo reblogged this from afternoonsnoozebutton
29. ayonattierose reblogged this from ditalles
30. littleblackkittycat likes this
31. eternallyfloating likes this
32. sanspower likes this
33. potassiumcarbide reblogged this from afternoonsnoozebutton
34. llegomyeggo likes this
35. thisisqpocprivilege likes this
36. nerdargyle999 likes this
37. coorio reblogged this from le-kif-kif
38. fromtroywithlove likes this
39. walkonyourhands reblogged this from afternoonsnoozebutton and added:

    This is exactly why both MIT and Stanford would have been cheaper than Virginia Tech.

40. imnogoodwithnames likes this
41. coerciveleftfist likes this
42. buoyantmist likes this
43. gesophrosunt reblogged this from afternoonsnoozebutton and added:

    people when they say, “how do you afford Emory”...“I wish I could go to Emory but it’s so...

44. aglennosaur likes this
45. nomosshere likes this
46. yaztron likes this
47. ayaaai likes this
48. trisaratopsies reblogged this from ditalles
49. jamba likes this
50. rmaralit likes this
51. Show more notesLoading...