Ayres & Skladany: The sticker price of college can mislead students. Covid-19 might make it worse.

Imagine you paid sticker price for a $50,000 car, only to learn that the average buyer paid half that much. Sounds outrageous, but this sort of overpayment happens at colleges and universities throughout the country. And the novel coronavirus is likely to make things worse. Higher education appears to cost more than what most students end up paying. This discrepancy is never good for students. And faced with the pandemic threat, many prospective students are considering forgoing college or attending a seemingly less expensive one. Why borrow to pay a high tuition when many professors will be teaching remotely in the fall? The American Council on Education estimated in April that enrollment would drop 15 percent in the coming academic year. (Wash Post)

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