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The More Accurate Cost Predictor Tool: Instant Net Price Estimator
A new tool offers a more accurate picture of college costs
A new and simplified tuition cost calculator, developed by an economist and adopted by 22 selective US colleges and universities, provides a more realistic cost estimate than that provided by the standard net price calculators required by the federal government.
The Net Price Estimator primarily evaluates two metrics: household income and number of siblings enrolled in college. According to The New York Times, the simplified tool delivers a cost estimate in seconds.
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The 22 colleges launching the calculator this year include:
- Amherst College
- Bates College
- Boston College
- Brandeis University
- Colby College
- Colorado College
- Columbia University
- Cornell University
- Dartmouth College
- Denison College
- Emory University
- Grinnell College
- Occidental College
- Trinity College
- Tufts University
- University of Notre Dame
- University of Richmond
- Washington and Lee University
- Washington Univ. (St. Louis)
- Wellesley College
- Williams College
- Yale University
The rollout of this new estimating tool has tremendous potential to provide families with a simpler, more accessible picture of costs. Coming to the college process with a realistic perspective on affordability is essential to making smart and responsible choices.
Marla Platt, M.B.A. is an independent college consultant based in Sudbury, MA through AchieveCoach College Consulting, providing expert and personalized college counseling to students and families throughout the college planning, search and admissions process. Marla is a professional member of the Independent Educational Consultants Association and can be reached via www.achievecoach.com
Serving high school students in:
Sudbury, Wayland, Acton, Groton, Hopkinton, Newton, Wellesley, Weston, Natick, Needham, Brookline, Bolton, Concord, Carlisle, Lexington, Framingham, Dover, Sherborn, Grafton, Hopkinton, Arlington, Cambridge and all of Metrowest Boston and New England.
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