The (Yes) Low Cost of Higher Ed
| April 21, 2008 |
In less than five years, the entire tuition and financial aid system at the nation’s top colleges has been overhauled. Today, it looks a lot like a highly progressive tax code, in which the affluent are bearing an enormous share of the overall tuition burden. No matter how high the published cost — almost $50,000, typically — these top universities have become significantly more affordable for the majority of students.
By DAVID LEONHARDT
Full Story: http://www.nytimes.com/2008/04/20/ed ... oref=slogin
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