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The (Yes) Low Cost of Higher Ed

April 21, 2008 /

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In less than five years, the entire tuition and financial aid system at the nation’s top colleges has been overhauled. Today, it looks a lot like a highly progressive tax code, in which the affluent are bearing an enormous share of the overall tuition burden. No matter how high the published cost — almost $50,000, typically — these top universities have become significantly more affordable for the majority of students.

By DAVID LEONHARDT

Full Story: http://www.nytimes.com/2008/04/20/education/edlife/essay.html?_r=1&oref=slogin

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