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Students and their families evaluate net price when determining whether they can afford a college. But what affects net price? There are factors, such as instructional inefficiencies, administrative expenses, federal financial aid, and state appropriations, that have been noted in the literature that have an impact on costs and tuition. This study looks at the relationship between average net price and those factors. The findings of this study note that there is a relationship between average net price and said factors.
Marie Elaine Gioiosa is Assistant Professor of Accounting at Iona College. She received a Ph.D. in higher education leadership, management & policy from Seton Hall University. She received an M.B.A. in taxation from St. John’s University and a B.S. in accounting from St. John’s University. She is a Certified Public Accountant in New York. She can be contacted at mgioiosa@iona.edu.
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