Miscalculations of Student Living Costs, Their Impact on Financial Aid, and What They Suggest about Our Institutional Priorities

The following paragraphs are taken from an article that Jill Barshay contributed to the Hechinger Report on June 1: “A team of academic researchers found that one third of colleges and universities underestimated actual living expenses by more than $3,000. Another 11 percent of schools overestimated by more than $3,000. In other words, almost half…