Tuesday, September 27, 2011

What's the financial difference between single sex and coed colleges?

I am very interested in going to a single sex college, but my parents don't support that decision because of the financial difference. I know it really depends on the college, but can anyone throw some numbers at me to show me how much they really vary?


Is it really all that much after grants and such?


Will Obama's presidency make these prices even more affordable?|||Single-sex schools are all private; not all co-ed schools are private. Private colleges tend to be expensive, whether they are co-ed or single sex. Amherst and Smith are two top colleges with similar tuition, but Amherst is co-ed and Smith is a women's college. However, top women's colleges like Smith, Wellesley, and Mt. Holyoke have very large endowments; they give out a ton of scholarships. Although it can cost about 45k a year to attend Smith, I paid less than 20k for all 4 years there because I was on scholarships most of the time. But you can go to a local state school for 20k for all 4 years if you live nearby and it's a cheap one.





The president has no control over the tuition charges at private schools, but congress has lowered the interest rates on student loans, so that helps a lot.|||I've never heard of a single-sex college that was more expensive just because it was single-sex. However, I don't know of any single-sex state schools. As far as I know they're all private, which automatically means that they're all quite expensive. At least with co-ed schools you have the option of state schools, which can still be expensive but which also tend to be cheaper than most private schools.





The whole point of grants and scholarships is to help you pay for college. Unless you're incredibly wealthy or you have nothing going for you that could qualify you for a scholarship or grant (either from the school, the government, or some other source), it's highly unlikely that you would have to pay the entire price yourself.|||There is nothing about a single-sex college that makes it more expensive than a coed college of the same type; however, it may be that your parents were counting on your going to a state-assisted university, and private universities, both single-sex and coed, are more expensive.





The amount that you will pay in either case depends on your family's financial situation; however. for most people, a private school still would be more expensive. And Obama has nothing to do with it, since he is certainly not paying your tuition, I'm afraid.

No comments:

Post a Comment