Figuring out the cost of college may hold students back, experts say

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Faculty prices differ for nearly everybody, identical to airline tickets.

However whereas airplane tickets fluctuate by service, date of buy and luck, school prices hinge on reported household revenue, belongings, the grades a scholar obtained in highschool, the kind of establishment they need to attend and mastery of a sophisticated software system.

Though about 85 p.c of freshmen at four-year residential schools obtain some type of monetary support, households get scared off by the sticker value, in response to Phillip Levine, an economist who research the issue.  That sticker value is a transparent quantity, whereas the processes for bringing that quantity down – by way of monetary support or different processes – are advanced and much from clear.

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