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When comparing college costs, don’t stop at the published tuition and fees.
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
Colleges are also required to post a Net Price Calculator, that determines for each prospective or current student a personalized Net Price, which is the COA minus need- and merit-based grant aid (not including loans or work-study programs). Financial aid cannot exceed the cost of attendance.
In the fall of 2011, colleges were required by federal law to post a net price calculator on their websites to give prospective students and families a rough estimate of likely college costs for their particular institution, [58] [74] and to "demystify pricing".
Right now, there are 43.4 million Americans owing roughly $1.7 trillion in student loans, with the average borrower owing $37,000 in federal loans alone, according to the Education Data Initiative....
A report issued by The Institute for College Access and Success, ""Adding it all up 2012: are net price calculators easy to find, use and compare?" found key issues with the implementation of the net price calculator requirement. [35]
Tiny plastic particles have been found throughout the human body, but researchers say they’re just starting to understand the impact.
During the mid-1990s 34% of the cost for college was covered by the maximum offered Pell Grant, compared to 84% during the 1970s. [16] During Clinton's presidency, funding for higher education focused on creating tax benefits tied to attending college. These policies put less emphasis on developing grants to allow students to attend college.