The New York Times published an article today that provides a comprehensive look at the colleges that have been moving swiftly to lower their tuition rates for lower income and middle class families. Primarily, the colleges that are making these price reductions are the more wealthy, upper-tier institutions. But the article points out, as I often do to anyone who will listen, that most families do not pay the “sticker price”–and many pay far lower tuition rates that we might expect.
Amid all the hullaballoo about ever-rising tuition costs, it pays to consider that how one chooses a college has a bearing on one’s financial aid strategy. One of the problems, however, is that families with limited means–including middle class families–often don’t know enough about their college options to develop compatible college selection and financial aid strategies.
Mark Montgomery
College Counselor in Colorado
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Mark Montgomery
Mark is the Founder and CEO of Great College Advice, a national college admissions consulting firm. As a career educator, he has served as a college administrator, professor of international relations at the University of Denver and the Hong Kong University of Science & Technology, program consultant at Yale and the University of Kansas, government instructor at Harvard and Tufts, high school teacher of French, and a Fulbright teacher of English in France. He has personally helped hundreds of students from around the world map their college journeys. Mark speaks on college preparation, selection, and admission to students and parents around the world, and his views have been published in major newspapers and journals.
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Mark Montgomery
Mark is the Founder and CEO of Great College Advice, a national college admissions consulting firm. As a career educator, he has served as a college administrator, professor of international relations at the University of Denver and the Hong Kong University of Science & Technology, program consultant at Yale and the University of Kansas, government instructor at Harvard and Tufts, high school teacher of French, and a Fulbright teacher of English in France. He has personally helped hundreds of students from around the world map their college journeys. Mark speaks on college preparation, selection, and admission to students and parents around the world, and his views have been published in major newspapers and journals.