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September 11, 2013

Big student debt found in unexpected places

  • Many of the best U.S. colleges are relative steals for the lucky few who earn admission.
    • By PHILIP ELLIOTT
    Associated Press

    WASHINGTON — Don't let the big price tags nix an application to Harvard or Yale. The average student receiving financial aid on those campuses paid about a quarter of the public sticker price and most graduates leave their ivy-covered quads with smaller debts than peers who attended less prestigious schools.

    It's not that unusual, according to statistics released Tuesday from U.S. News & World Report. In fact, some of the schools sending graduates out into the world with huge debts are campuses that aren't the bold-faced names that top the typical best-of lists. Many of the best colleges in the country are relative steals for the lucky few who earn admission.


     
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