Despite the net price for private colleges falling by 11% in the past five years, nearly one-third of parents and students believe that a college education is overpriced. This one simple tactic can be to blame.
About 650 schools were graded based on the clarity of requirements and award amounts, as well as consistency in the application process. Colleges face no transparency requirements in issuing merit-based scholarships, "leaving each college to decide how upfront or opaque it wants to be," according to the CAP Report Card released by College Aid Pro.
