Student Debt Is Increasing, But Few Are Paying Full Price For College

The video discusses the prevalence of tuition discounts and merit aid in US colleges, noting that 90% of undergraduates receive some form of discount. It highlights how merit aid is often used as a marketing tool rather than a true reflection of academic ability. The video also covers the significant burden of student loan debt, which is the second-largest household debt in the US. It mentions President Biden's proposal to forgive up to $10,000 in student loans per borrower. Finally, it advises students to negotiate for better financial aid offers by comparing offers from competing schools.

What percentage of undergraduates in the US receives some sort of discount on tuition?

What factors do schools consider when determining how much merit aid to offer prospective students?

How much did the University of Alabama spend on merit aid recently, and how does this compare to a decade ago?

What is the significance of the phrase 'everybody is getting a trophy' in the context of merit aid?

What advice does Lieber give regarding negotiating for a larger discount on tuition?