How does LST calculate its non-discounted cost?

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rob91
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Joined: Sat May 25, 2013 1:28 pm

How does LST calculate its non-discounted cost?

Postby rob91 » Tue Dec 03, 2013 3:56 pm

We can use Duke as an example (http://www.lstscorereports.com/?school=duke)

They list non-discounted tuition at 49,617, and indirect costs (which includes living expenses) at 17,708. This comes out to 67,325 a year, and 201,975 over three years, yet LST lists the non-discounted cost at 252,727. This leaves 50,752 unaccounted for. Wheres that extra money coming from?

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DoveBodyWash
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Joined: Fri Dec 23, 2011 4:12 pm

Re: How does LST calculate its non-discounted cost?

Postby DoveBodyWash » Tue Dec 03, 2013 4:11 pm

rob91 wrote:We can use Duke as an example (http://www.lstscorereports.com/?school=duke)

They list non-discounted tuition at 49,617, and indirect costs (which includes living expenses) at 17,708. This comes out to 67,325 a year, and 201,975 over three years, yet LST lists the non-discounted cost at 252,727. This leaves 50,752 unaccounted for. Wheres that extra money coming from?

i think they also account for the interest that accrues on loans as you're in school.

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rinkrat19
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Joined: Sat Sep 25, 2010 5:35 am

Re: How does LST calculate its non-discounted cost?

Postby rinkrat19 » Tue Dec 03, 2013 4:26 pm

Yeah, pretty sure it's adding in the interest (it's assuming you have taken out full sticker price loans).

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Tiago Splitter
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Joined: Tue Jun 28, 2011 1:20 am

Re: How does LST calculate its non-discounted cost?

Postby Tiago Splitter » Tue Dec 03, 2013 5:16 pm

It includes interest until 6 months after graduation, when payments first become due.

rob91
Posts: 15
Joined: Sat May 25, 2013 1:28 pm

Re: How does LST calculate its non-discounted cost?

Postby rob91 » Tue Dec 03, 2013 11:32 pm

Man I had no idea interest accumulated that quickly.




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