As college costs soar, here are the schools with the most generous financial aid packages
With college affordability a big worry, most families are wary of having kids apply to pricey private schools.Yes, annual tuition plus room and board at four-year, private universities is much higher — $48,510, on average — compared to public institutions — at just $21,370 — in the current academic year, according to theHowever, about two-thirds of all full-time students receive aid, which can bring the sticker price significantly down.
"Never cross an expensive school off of your list of consideration because of sticker price," said Robert Franek, The Princeton Review's editor-in-chief and author of "The Best 385 Colleges.", private schools typically have more money to spend, he added. "The truth is, it could end up being less expensive than public college."
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