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by ghaff 487 days ago
A lot of elite universities in particular have given financial aid for ages if you were at the lower half of the parental income scale or thereabouts. But my recollection from the 70s is that upper middle class at least pretty much paid sticker. Today, my understanding is that sticker (for undergrad at least) is largely a fiction that few people (at least non-international students) pay.

Which

2 comments

Yes, it is largely a fiction. For private universities (the ones typically with the high sticker prices) 16% paid the full amount in 2019-2020. For public schools the number is 26%. [0]

[0] https://www.brookings.edu/articles/ignore-the-sticker-price-...

The international students are definitely whales for funding.