Sending a teenager to a flagship state university for four years of on-campus living costs more than $100,000 in many parts of the United States. Meanwhile, many families of freshmen attending selective private colleges will spend triple — over $300,000. Ron Lieber, the hugely popular New York Times “Your Money” columnist and author of the bestselling The Opposite of Spoiled offers a deeply reported and emotionally honest approach to the biggest financial decision families will ever make: what to pay for college.
Lieber begins by explaining who pays what and why, and pulls the curtain back on merit aid, an entirely new form of discounting that most colleges now use to compete with peers. Then he explores what is worth paying extra for, and how you know when it exists in abundance at any particular school. Finally, Lieber calmly walks families through the process of setting financial goals, explaining the system to their children and figuring out the right ways to save, borrow, and bargain for a better deal. The Price You Pay for College gives parents the clarity they need to make informed choices and helps restore the joy and wonder the college experience is supposed to represent.
Author | Ron Lieber |
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ISBN | 006286730X |
Publication Date | Jan 26, 2021 |
Publisher | Harper |
Language | English |
Category | Life Skills |
Parenting Books Age | Teen |