How much do low-income students pay at Minnesota's private colleges?
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Recently came across this chart by the Minnesota Private College Council, which looks to counter the notion that private colleges are too expensive for low-income students.
It says they pay significantly less than the average student: $14,350 on average (for those families earning less than $30,000), compared to $23,500 for the average student who attended in 2009-10.
The amount is lower because those students receive State Grant awards, Pell Grants, institutional grants and scholarships.
That is, of course, true across all types of educational institutions.
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The council states:
In Minnesota, low-income students may pay higher net tuition at nonprofit colleges than at public institutions, but their chances of graduating in four years and starting their career are much higher.
The 4-year graduation rate for students, according to its numbers:
65 percent at Council schools
40 percent at the University of Minnesota
21 percent for Minnesota State Colleges and Universities (MnSCU) system students
