<p>Thanks, Bunsen, but there’s more to this than meets the eye. The story talks about colleges jacking up tuition, then increasing financial aid. GW, for example, provides average aid of $23,500 for freshmen. So the average NET cost is about $15,700.</p>
<p>Just paid MIT tuition for spring term–$17,500 for tuition plus fees, or $35,000 annually, not counting room, board or books. I’ll bet MIT’s average financial aid package is a lot less than that at GW, so the net cost at a school like MIT is probably higher (certainly in our family’s case as need-based aid is 0).</p>
<p>They need to make an apples-to-apples comparison. Anyone know the average financial aid package for MIT freshmen??</p>