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Affordability: Family Incomes and Net Prices at Highly Selective Private Colleges and Universities

Catharine B. Hill, Gordon Winston and Stephanie A. Boyd

Journal of Human Resources, 2005, vol. 40, issue 4, 769-790

Abstract: Working from the financial aid records of individual students at 28 highly selective private colleges and universities, we were able to calculate both the price the low-income students at these schools actually pay for a year’s education, net of financial aid grants, and how the schools differentiate net price in recognition of their students’ different family incomes - their pricing policies.

Date: 2005
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