Why Stanford may be the most affordable university in the Bay Area - Printable Version
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Why Stanford may be the most affordable university in the Bay Area - 82lsju - 06-14-2019
Quote:Students who graduated from Stanford with a bachelor’s degree had the lowest debt burden in the Bay Area and the fourth lowest in California. The average Stanford student’s total debt of almost $13,700 was less than several public universities that have far lower tuition fees.
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The University of California, Berkeley had the second-lowest debt burden for students in the Bay Area at about $14,800
https://financialaid.stanford.edu/undergrad/
RE: Why Stanford may be the most affordable university in the Bay Area - Phogge - 06-16-2019
Nah. CCSF.
RE: Why Stanford may be the most affordable university in the Bay Area - 82lsju - 07-24-2019
Quote:The top 50 US colleges that pay off the most
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The average scholarship and grant total for [Stanford] students from families making less than $65,000 a year is $74,095 per year. Students from families making between $65,000 and $95,000 receive $65,050 on average in scholarships and grant aid.
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1. Stanford University
Average net cost (income $48,001-$75,000): $4,061
Median salary for alumni with 0-5 years of experience: $76,500
Median salary for alumni with 10+ years of experience: $143,100
Salary average, early and mid career: $109,800
https://www.cnbc.com/2019/07/16/cnbc-make-it-the-top-50-us-colleges-that-pay-off-the-most-2019.html
RE: Why Stanford may be the most affordable university in the Bay Area - CTcard - 07-25-2019
The two items listed are important items to keep in consideration in thinking about college costs broadly, but there is another aspect to remember while patting ourselves on the back for our favorite school's financial aid policies.
Both the average debt burden and the expected return for students from families who make less than $65k per year are colored by the relatively small number of students at Stanford (and other top private schools)* whose families make less than $65k per year.
Good financial assistance for students from lower income families is great, but it doesn't help that many kids if few get in. Similarly, large debt burdens are mostly from students who do not have family resources and family support in paying for college - and that is a large factor in which schools have graduates who on average have large average debt loads.
* On the Common Data Set, schools report number of Pell Grant recipients and subsidized Stafford Loan recipients - which is not the same thing as income under $65k but related. For the latest reporting period, Stanford had 18.5% of students with that federal aid. For comparison, at Berkeley the same class had 36.4%. UC Riverside 70%. Harvard 15.3%.