"Rising College Costs: Nearing $100,000 at Some New England Universities"

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Source: CNBC
"Rising College Costs: Nearing $100,000 at Some New England Universities"
Photo: CNBC
TL;DR Summary

The cost of attending some colleges is nearing $100,000 per year, but many families pay significantly less due to financial aid. Sticker prices can be misleading, as about two-thirds of full-time students receive aid, bringing the average out-of-pocket cost down to $28,026. The Free Application for Federal Student Aid (FAFSA) is crucial for accessing federal money, but problems with the new FAFSA have discouraged many students and their families from completing an application. As a result, high school graduates miss out on billions in federal grants, with the Class of 2022 leaving an estimated $3.6 billion of unclaimed Pell Grant dollars on the table.

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