Duke: $60,000 A Year For College Is Actually A Discount

In the end, Schwartz and Lange don’t disagree on the value of what goes on at places like Berkeley and Duke. The disagreement is over the story that Duke tells its undergraduates. So if you’re a student at Duke, are you getting a massive discount on the cost of your education? Or are you subsidizing a giant educational edifice that you as an undergraduate student will barely come into contact with? The answer sort of depends on what kind of student you are. If you’re engaged in research and capitalizing on your professors’ expertise, maybe you’re getting something that’s worth more than what you paid. If you’ve got a good financial aid package, you’re definitely getting a good deal. But if you’re a full-paying student, who’s not learning much from professors outside the classroom, it’s the university that’s getting the deal.

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by Lisa Chow, National Public Radio.

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