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Examining price changes by income level revealed that total price and net price 1 (minus federal and state grants) increased across all income levels for students attending private not-for-profit research and doctoral institutions. Total price and net price 1 increased for middle- and high-income students attending comprehensive and baccalaureate institutions. When all grants were subtracted (net price 2), both middle- and high-income students at private not-for-profit research and doctoral institutions still faced an increase in price, while only middle-income students faced such an increase at private not-for-profit comprehensive and baccalaureate institutions. In other words, at private not-for-profit comprehensive and baccalaureate institutions, neither low-income nor high-income students faced a higher attendance price after all grants were subtracted, while at research and doctoral institutions, this was the case only for low-income students. After loans and grants were subtracted from total price (net price 3), only high-income students attending research and doctoral institutions paid a higher price of attendance. |
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