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

  • Catharine B. Hill
  • Gordon C. Winston
  • Stephanie A. Boyd

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.

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File URL: http://jhr.uwpress.org/cgi/reprint/XL/4/769
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Article provided by University of Wisconsin Press in its journal Journal of Human Resources.

Volume (Year): 40 (2005)
Issue (Month): 4 ()
Pages: 769-790

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Handle: RePEc:uwp:jhriss:v:40:y:2005:i:4:p:769-790
Contact details of provider: Web page: http://jhr.uwpress.org/

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  1. Gordon C. Winston & Ethan G. Lewis, 1997. "Physical Capital and Capital Service Costs in U.S. Colleges and Universities: 1993," Eastern Economic Journal, Eastern Economic Association, vol. 23(2), pages 165-189, Spring.
  2. Ronald G. Ehrenberg & Daniel R. Sherman, 1984. "Optimal Financial Aid Policies for a Selective University," Journal of Human Resources, University of Wisconsin Press, vol. 19(2), pages 202-230.
  3. Christopher Avery & Caroline M. Hoxby, 2003. "Do and Should Financial Aid Packages Affect Students' College Choices?," NBER Working Papers 9482, National Bureau of Economic Research, Inc.
  4. Gordon C. Winston, 1999. "Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 13-36, Winter.
  5. Thomas J. Kane, 1995. "Rising Public College Tuition and College Entry: How Well Do Public Subsidies Promote Access to College?," NBER Working Papers 5164, National Bureau of Economic Research, Inc.
  6. Richard Steinberg & Burton A. Weisbrod, . "Pricing and Rationing by Nonprofit Organizations with Distributional Objectives," IPR working papers 97-28, Institute for Policy Resarch at Northwestern University.
  7. Gordon C. Winston & Jared C. Carbone & Laurie C. Hurshman, 2001. "Saving, Wealth, Performance, and Revenues in US Colleges and Universities," Williams Project on the Economics of Higher Education DP-59, Department of Economics, Williams College.
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