New issue of GWSB News is up and emailed out. Forbes ranked George Washington University number one on “The World’s Most Expensive Universities” with the figure of $39,240 (room, board and books were not included) in 2007-2008. The article, however, explains the more tuition results in more financial aids:
Those costs reflect a trend among private American universities–charge a stratospheric tuition fee, then offer a generous financial aid package. A GW official says the university provides the most need-based aid in the country, according to national rankings. For this year’s freshman class, that package was an average of $23,466. Next month, the school’s new president is expected to announce a plan for improving affordability at GW.