Prospective college applicants visit the California Student Aid Commission booth at College Information Day at UC Berkeley in Berkeley on Oct. 14, 2023. CSAC held informational sessions on financial aid to help inform students and their families about their options.
All of those statements are true, depending on where you attend and how much you or the parents who claim you on their taxes earn. For something as consequential — and at times more costly than a small condo — as affording a degree, understanding how much a family must shell out for a better shot at higher wages can be complicated.
This guide is meant to explain the basic truth about affording college: For almost everyone who attends, they don’t pay the published price.And so the story of affordability in California isn’t immediately intuitive: After recession-era cuts, the state has recently started to spend big on higher education. Tuition at the University of California and California State University used to be non-existent; now it’s a major source of university revenue. Housing is often a larger expense than tuition.
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