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A $100,000 sticker price says very little about the real cost — and value — of college

A $100,000 sticker price says very little about the real cost — and value — of college

Summary

College sticker prices, which show the listed cost, do not tell the full story about how much college really costs or its value. Elite schools often have high tuition but also provide a lot of financial help, high graduation rates, and good job chances, while concerns should focus more on colleges where many students do not finish their degrees.

Key Facts

  • The sticker price is the official tuition cost shown by colleges.
  • Elite colleges charge high tuition but also offer generous financial aid.
  • Students at elite schools tend to graduate at higher rates.
  • Graduates from top schools often have better job prospects.
  • Some colleges have low completion rates, meaning many students do not finish their programs.
  • The real cost of college can be much lower than the sticker price due to financial aid.
  • The value of college depends on factors beyond just the listed price, like graduation and employment outcomes.
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