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Taking the sting out of tuition

Taking the sting out of tuition: “The suspense is over for many college-bound kids, as nearly all the acceptance letters have gone out. Now it’s decision time — not only which school to attend in the fall, but how to pay for it,” writes Marketplace reporter Gigi Douban. Wake Forest University economist Amanda Griffith commented on how colleges want to attract a variety of students, including those whose parents earn too much to be eligible for financial aid. “Offering a merit-based scholarship where maybe that student is not eligible for need-based financial aid could entice them to come to your school  instead of a different institution where they’d have to pay the full sticker price,” she said.

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