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How Private Colleges Are Like Cheap Sushi

Fifty percent off? That doesn't sound like such a good deal for sushi or a college degree. We ask some economists: Why not?

Click to view the original at npr.org

Hasnain says:

"Unfortunately, there's a real world impact here. In recent years there's been a lot of attention to the issue of undermatching. This is the finding that a majority of highest-achieving but low-income students fail to apply to a single competitive college. Even when financial need means that they would pay little or nothing to attend a school like Harvard or Stanford, these students are instead choosing non-selective schools that tend to have a lower advertised price."

Posted on 2014-07-13T06:05:24+0000