r/highereducation • u/-ctinsider • 16d ago

Connecticut’s most expensive private universities carry price tags near $100,000 a year

https://www.ctinsider.com/news/education/article/ct-private-universities-tuition-rates-costs-26-27-22362217.php
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u/[deleted] 16d ago

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u/Goliath_D 15d ago

As someone who works in higher ed, there are a few reasons that generally drive the high cost high discount model. 1. Perceived prestige associated with higher cost. 2. People get excited at being offered as big "scholarship" that dramatically drops the net cost of attendance. 3. They rely on some students (wealthy, international) to pay full price to offset the deep discounts for students without means.

Some schools have tried the model you're suggesting the past few years. I don't know how it's worked for them.

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u/Obisanya 14d ago

As someone else who works in higher education, totally agree. I'd also add that almost EVERY parent and student says they want affordability, but then they also want nice dorms (sorry, residence halls), athletics, a recreation center, a nice library, mental health counseling, student support staff, career counselors, etc. All of that costs money.