Top US Colleges Will Cost $90,000 or More; Most Students Pay Less
2024-04-14
LRC
TXT
大字
小字
滚动
全页
1The cost of attending a top college in the United States could be as much as $95,000 this year.
2That total includes tuition as well as meals and living space at the school.
3But college officials say they are helping students with financial support.
4And those from poor families may be required to pay only 10 percent of the costs.
5Wellesley College, a private women's school near Boston, Massachusetts, will cost $92,000 for 2024-2025.
6The college's famous graduates include former First Lady Hillary Clinton, Secretary of State Madeleine Albright and television broadcaster Diane Sawyer.
7Philip Levine is an economics professor at Wellesley.
8Levine said the figure "clearly is a lot of money, and it catches people's attention, for sure."
9He added, "But for most people, that is not how much they're going to pay."
10Wellesley says nearly 60 percent of its students receive financial aid.
11And the average amount of aid is $62,000, cutting the total cost by two-thirds.
12For American students, the amount of financial aid makes a difference.
13This year, however, many are concerned because the U.S. Department of Education is having major problems with a new online form, called the FAFSA.
14The document helps students apply for financial aid.
15One concern is that American-born children of undocumented immigrants must provide information about their parents.
16But the parents may not have the needed identity documentation or may be worried about showing themselves to the government.
17Mark Kantrowitz is a financial aid expert.
18He called the new online process "an absolute disaster."
19Kantrowitz said the problems might prevent students from applying for aid.
20That, in turn, could lower the number of students going to college and force some schools to close.
21Levine of Wellesley said his research has shown that students from lower-income families have been receiving more financial aid over the past six years.
22But he worries that the difference between the advertised cost and the actual cost will keep some students from applying to top colleges like Wellesley.
23Levine said, "People should be making educational decisions based on the actual cost they have to pay..."
24Schools on the list of the most costly include the University of Southern California, Harvey Mudd College of California, the University of Pennsylvania, Brown University, Dartmouth College and Boston University.
25Other top colleges, including Columbia University and the University of Chicago, have not listed their cost of attendance but they could turn out to be over $90,000 as well.
26Harvard University says its cost of attendance will be $91,000 next year.
27But the school notes that the average cost for families is only $13,000 and many pay nothing at all.
28Harvard can support many of its students because its endowment is more than $50 billion, the largest of any university in the U.S.
29The College Board is a nonprofit education organization that conducts the SAT college admission test.
30The group's research shows the average cost at private colleges and universities last year was $60,000.
31At public colleges and universities, the cost was $29,000 for students from the same state; it was $47,000 for out-of-state students.
32Kantrowitz said that although many receive financial aid, most students still need an additional $10,000 for college each year.
33"So families are forced to borrow that money or come up with that money from some other source," he added.
34Even with the rising costs, Kantrowitz said he believes college is still a good investment - as long as borrowing does not get out of control and students complete their studies.
35He warns, "if you drop out, you have the debt, but not the degree that can help you repay the debt."
36I'm Dan Friedell.
1The cost of attending a top college in the United States could be as much as $95,000 this year. That total includes tuition as well as meals and living space at the school. 2But college officials say they are helping students with financial support. And those from poor families may be required to pay only 10 percent of the costs. 3Wellesley College, a private women's school near Boston, Massachusetts, will cost $92,000 for 2024-2025. The college's famous graduates include former First Lady Hillary Clinton, Secretary of State Madeleine Albright and television broadcaster Diane Sawyer. 4Philip Levine is an economics professor at Wellesley. Levine said the figure "clearly is a lot of money, and it catches people's attention, for sure." He added, "But for most people, that is not how much they're going to pay." 5Wellesley says nearly 60 percent of its students receive financial aid. And the average amount of aid is $62,000, cutting the total cost by two-thirds. 6For American students, the amount of financial aid makes a difference. This year, however, many are concerned because the U.S. Department of Education is having major problems with a new online form, called the FAFSA. The document helps students apply for financial aid. 7One concern is that American-born children of undocumented immigrants must provide information about their parents. But the parents may not have the needed identity documentation or may be worried about showing themselves to the government. 8Mark Kantrowitz is a financial aid expert. He called the new online process "an absolute disaster." 9Kantrowitz said the problems might prevent students from applying for aid. That, in turn, could lower the number of students going to college and force some schools to close. 10Levine of Wellesley said his research has shown that students from lower-income families have been receiving more financial aid over the past six years. But he worries that the difference between the advertised cost and the actual cost will keep some students from applying to top colleges like Wellesley. 11Levine said, "People should be making educational decisions based on the actual cost they have to pay..." 12Schools on the list of the most costly include the University of Southern California, Harvey Mudd College of California, the University of Pennsylvania, Brown University, Dartmouth College and Boston University. 13Other top colleges, including Columbia University and the University of Chicago, have not listed their cost of attendance but they could turn out to be over $90,000 as well. 14Harvard University says its cost of attendance will be $91,000 next year. But the school notes that the average cost for families is only $13,000 and many pay nothing at all. Harvard can support many of its students because its endowment is more than $50 billion, the largest of any university in the U.S. 15The College Board is a nonprofit education organization that conducts the SAT college admission test. The group's research shows the average cost at private colleges and universities last year was $60,000. At public colleges and universities, the cost was $29,000 for students from the same state; it was $47,000 for out-of-state students. 16Kantrowitz said that although many receive financial aid, most students still need an additional $10,000 for college each year. "So families are forced to borrow that money or come up with that money from some other source," he added. 17Even with the rising costs, Kantrowitz said he believes college is still a good investment - as long as borrowing does not get out of control and students complete their studies. 18He warns, "if you drop out, you have the debt, but not the degree that can help you repay the debt." 19I'm Dan Friedell. 20Dan Friedell adapted this story for Learning English based on a report by the Associated Press. 21______________________________________________ 22Words in This Story 23tuition -n. the cost paid for the classes given at a school 24graduate -n. a person who received a degree from a school 25apply -v. to provide documents in order to be considered for entry to a school 26absolute -adj. the highest or greatest amount without a debate 27income -n. the amount of money earned by a person or family in a year or period of time 28endowment -n. the money a university or other organization has in order to fund its operations and investments 29admission -adj. describing the process of letting someone into a school or club 30drop out -v. to leave a school without completing a study program and getting a degree 31We want to hear from you. Do you think students in the U.S. should still try to attend colleges like USC and Brown?