March 7, 2012
Why It’s Cheaper to Go to Harvard than a California State School

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.

12:00pm
  
Filed under: Education College Economy 
  1. asongagainstsex reblogged this from theatlantic
  2. 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...
  3. gracefulparking reblogged this from afternoonsnoozebutton and added:
    And that’s why Wellesley.
  4. textualrelations reblogged this from afternoonsnoozebutton
  5. a-maizy-ng 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.
  6. jenio reblogged this from afternoonsnoozebutton and added:
    wuuuuut
  7. arghasfd reblogged this from afternoonsnoozebutton
  8. thelastredbull reblogged this from revenantirreverence
  9. revenantirreverence reblogged this from sinidentidades
  10. skinamarinkadinkadink reblogged this from afternoonsnoozebutton
  11. fuegomyeggo reblogged this from afternoonsnoozebutton
  12. nataliaquerida reblogged this from nouvellesterres
  13. potassiumcarbide reblogged this from afternoonsnoozebutton
  14. walkonyourhands reblogged this from afternoonsnoozebutton and added:
    This is exactly why both MIT and Stanford would have been cheaper than Virginia Tech.
  15. gesophrosunt reblogged this from afternoonsnoozebutton and added:
    Things I try to explain to people when they say, “how do you afford Emory” or “I wish I could go to Emory but it’s so...
  16. oceanblvd reblogged this from afternoonsnoozebutton and added:
    It’s cheaper for me to go to any Ivy, MIT, or Duke than it would be to go to Carolina (sans Covenant, of course).