Many students overestimate college tuition by 3 to 6 times the actual cost. Click on this report for the latest evidence.
|Cost Perceptions and College-Going for Low-Income Students
The Pathways to College Network and the National College Access Network have released a joint “Research to Practice” brief describing how many low-income students overestimate the cost of higher education because of inaccurate or incomplete information about financial aid opportunities. The brief finds that many eligible low-income students are not applying for or enrolling in postsecondary education in part because of sporadic, ineffective oconflicting information about financial aid and the affordability of college. The brief recommends offering clear and concise information regarding the financial aid process to students and families and providing this information earlier in the education pipeline to promote college-going aspirations as early as seventh grade. The brief also features strategies employed by the ACCESS College Foundation which successfully works with low-income schools and students.