No. of Recommendations: 3
I can't agree with their methodology when Yale, Stanford, MIT, Baylor, Harvard, and Princeton are all considered in the top 25 of "most affordable" colleges. All of these will run you 50K plus a year.

These are some excerpts from MIT's page, http://mitadmissions.org/afford/basics/:

"If you are admitted to MIT, we will make sure that you can afford to come to MIT.

--snip---

"MIT only confers financial aid on the basis of financial need. We do not award money based on any measure of merit - academic, athletic, artistic, or anything else.

--snip---


MIT will meet every single cent of your family's demonstrated financial need.

The total price for MIT - tuition and fees, housing and dining , expenses, etc - is in excess of $55,000 a year. Believe it or not, this price is actually thousands of dollars less than what it actually costs to be a student at MIT - even students who don't receive financial aid are already receiving a considerable subsidy to study here!

For the students that do receive financial aid, the size of the award depends entirely on your own family's financial situation. Because of this, "average" numbers will only give a very general snapshot of what some individuals are offered.

Last year, MIT awarded over $85 million in MIT Scholarships to our ~4,300 undergraduates. The median debt upon graduation is $12,900; the average annual starting salary for graduates is well in excess of $60,000. (emphasis mine)"

MIT also has free tuition for families that make $75K or less a year, and it's a sliding scale from there up. Their admissions is need-blind--they do not admit people based on what they can pay, and I sincerely doubt they need to make a donation to get on the The Daily Beast's list of most affordable colleges--they do not suffer from a shortage of applicants.

I suspect the same is true for Yale, Stanford, Baylor, Harvard, and Princeton. In fact, the Ivy League colleges mentioned in that list were the ones who came up with the idea of free tuition for families that make less than a certain amount a year, because they were afraid of not getting good students, and only getting well-off students.

It's sort of like the people who accused Obama of fixing the Women's soccer semi-final match with Canada in the Olympics--you know, Obama would totally threaten the Norweigen ref. Because women's soccer is so important in our country! </sarcasm>


--Booa (who loves all soccer, including women's and means no offense to women's soccer with this comment)
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