Great Advice for Parents 2022

As you’re considering schools, use College Scorecard to compare these four things.

NET COST For starters, you should consider how much you’ll actually be paying on a yearly basis. That’s not necessarily the sticker price – it’s the sticker price minus all the scholarships and grants that you may receive when enrolling in a college or career school. This is called average annual cost, and it’s important because it’s the average amount students actually pay out of pocket. College Scorecard can show you the average annual cost of each school compared to the national midpoint. It can also give you a net price estimate for each school broken down by family income. 1

Here’s an example:

(collegescorecard.ed.gov)

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