Low Income Students At For-Profit Institutions Pay The Most For College

Low-income undergraduates enrolled full time at for-profit institutions had the highest average net price after grants as well as the highest average out-of-pocket net price when compared with low-income students enrolled at other institutions. The average net price after grants was $21,300 for low-income students at for-profit institutions but ranged from $7,800 to $17,900 at other institutions. Similarly, the average out-of-pocket net price was $11,700 among low-income students at for-profit institutions but the average for those enrolled elsewhere ranged from $6,000 to $9,800.” ( from ECS)

Source: What is the Price of College? Total, Net, and Out-of-Pocket Prices in 2007-08. U.S. Department of Education (December 2010). Accessed January 28, 2011 from http://nces.ed.gov/pubs2011/2011175.pdf.