Private colleges in the U.S. can be very expensive, and their costs have risen much faster than comparable public institutions. But few students pay the full “sticker price,” and a new survey suggests the savings are greater than ever. According to the National Association of College and University Business Officers, full-time, first-year students at private schools had their tuition discounted by more than 56% on average.
Jeremy Bauer-Wolf of Higher Ed Dive summarizes the data. (April 2023)