The Price You Pay for College book cover

The Price You Pay for College by Ron Lieber Summary

The Price You Pay for College
Ron Lieber
4.12 (2397 Reviews)
Finance
Education
Economics
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of The Price You Pay for College

In "The Price You Pay for College," New York Times columnist Ron Lieber demystifies the biggest financial gamble families make. Beyond sticker prices, he reveals hidden merit aid secrets that elite universities don't advertise - knowledge that's transforming how smart parents approach the $300,000 question.

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Points clés

1

When the Dream Becomes a Debt Sentence

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A family earning $150,000 a year sits at their kitchen table, staring at college acceptance letters. Their daughter got into her dream school-a prestigious private university with a $75,000 annual price tag. They've saved $50,000 over eighteen years. The math doesn't work. They feel like failures. But here's what nobody told them: that $75,000 sticker price is fiction. Welcome to America's most bewildering financial labyrinth, where the cost of higher education has become a shell game that would make a Vegas card dealer blush. Four years at a state university now exceeds $100,000. Selective private colleges demand upwards of $300,000. Yet 89% of private school students receive discounts averaging 52.6%-meaning two classmates might pay wildly different amounts for identical educations. When COVID-19 sent students home mid-semester, it exposed uncomfortable truths: families had been paying premium prices for experiences colleges couldn't consistently deliver. The question isn't just whether college is worth it-it's whether we even know what we're buying.

2

The Invisible Hand of Enrollment Management

3

The Merit Aid Mirage

4

The Emotional Quicksand

5

What You're Actually Buying (And Not Buying)

6

The People Who Shape Your Life

7

A Framework for Sanity

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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comments
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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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@OojasSalunke
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"Makes me feel smarter every time before going to work"

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@Moemenn
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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star
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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comments
201
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16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
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