Consider This from NPR College Acceptance: Check. Paying For It: A Big Question Mark.
May 1, 2023
Alyssa Nadwarni, NPR's higher education correspondent, sheds light on the rising tuition fees at universities amid inflation. Surprisingly, she reveals that the actual cost of college has been decreasing over recent years, challenging common perceptions. Two high school students share personal accounts of navigating this financial maze, highlighting the importance of scholarships and affordable choices. The conversation offers critical insights on the difference between sticker prices and real expenses, empowering families making tough educational decisions.
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Actual College Costs Falling
- While published tuition prices are rising, the actual cost of college for most students has been falling for the past few years.
- This is due to increased financial aid, grants, and scholarships, as well as a decline in college enrollment.
Nevae Fleming's College Affordability Struggle
- Nevae Fleming, a D.C. high school senior, got into 13 colleges but cannot afford any.
- Despite scholarships, the lowest cost is still $9,000, too much for her family.
Elijah Vicks and Morehouse College
- Elijah Vicks wants to attend Morehouse College but faces a $30,000 annual cost despite scholarships.
- His family's income varies, and he is considering loans and work-study.