It's important to remember that a school's published costs may not be indicative of what it will actually cost to attend. Time magazine wrote about this in their article Yes, you can get a college to cut its tuition price. Nonetheless, this inflation-adjusted look at the historic annual costs for tuition, fees, books, and supplies can give you an idea of the costs you might expect in the coming years. Comparing the total costs inclusive of room and board (if applicable) with the annual net price estimates in the previous tab will help you determine the financial aid package to expect.
Private and public universities' charges are difficult to compare due to the in-state and out-of-state price differences of public universities, and therefore we only compare Gnomon to other private schools within your chosen context group.
Understanding the rules and process that determine who gets financial aid can be intimidating. Here are some quick links to help:
Across the country, graduation rates are surprisingly low. In fact, Forbes Magazine suggests that they are unacceptably low. However, from another point of view, sometimes graduation rates simply reflect the relative preparation of the students who enter. Colleges with a mission to help people coming from less advantaged backgrounds, such as first-generation and low-income students, may have low graduation rates despite relatively strong outcomes for students who face many obstacles to success. Without the context provided in these views of completion rates, it can be tricky to separate predatory schools that take financial advantage of under-prepared students from those that are actively seeking to encourage and help those students.
For the consumer choosing a school, once you have narrowed your list to those schools that you can afford and that seem likely to admit you, consider the outcome measures in this section and choose the specific measures that best describe your plans. Very simply, schools with high graduation rates and high loan repayment rates will likely give you the best opportunity to succeed.
A high proportion of international and out-of-state students speaks to reputation and offers an opportunity for diverse interactions in and out of class.
Gnomon is a private for-profit school, meaning that its annual goal is to make a profit for its shareholders. The other types of schools are public or not-for-profit, and profit is not a goal.