These article can also mislead students about the number of full scholarships out there. They are few and far between. However, many private colleges offer merit aid to people at the top of their applicant pool, which brings their cost down close to the level of in-state flagship publics.
People also can be misled about the ease of transferring into a prestigious college from a community college.
Most colleges offer most of their aid to incoming freshmen, and offer little aid to transfer students. Therefore, there are times when it may actually be cheaper for a student to attend a college with a higher sticker price for 4 years with substantial aid, then to attend a cheaper college for 2 years and then to have to pay full sticker price for the last 2 years of a private college. The student is also much more likely to graduate on time if they stay at the same college.
Last edited by charlieschm; 01-08-2013 at 12:06 PM.