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Free Tuition Still Leaves Students With $20,000 To $25,000 A Year In Costs, Brookings Says
More than 870 colleges now advertise free tuition for some students, but a new Brookings Institution analysis finds most of these programs repackage existing financial aid rather than add new money. In a new research brief, economist Phillip Levine concludes that the biggest benefit of free tuition may be marketing: it tells families in plain terms that they won’t pay the sticker price that only 1 in 8 students actually pays.
Levine matched a Washington Post database of free tuition policies against federal IPEDS data and net price calculator results from 200 randomly selected four-year…
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