Figuring out Total COA Forum

[WanderingPondering]

Why is the total non-discounted cost not just full tuition+indirect expenses *3 (plus inflation/tuition hikes)??

I am looking on LST, and for example BU costs 42,000 Anne has expenses listed as 17,000. So why is the total coa listed as 225,000 instead of 59,000*3??

Am I missing something obvious? Is it assuming you are financing the degree completely with loans at 8%??

[Tiago Splitter]

Why is the total non-discounted cost not just full tuition+indirect expenses *3 (plus inflation/tuition hikes)??

I am looking on LST, and for example BU costs 42,000 Anne has expenses listed as 17,000. So why is the total coa listed as 225,000 instead of 59,000*3??

Am I missing something obvious? Is it assuming you are financing the degree completely with loans at 8%??

The number is what you'll be at if you borrow the full COA (with tuition increases) and don't start paying those loans until 6 months after graduation.

[jenesaislaw]

The formula uses the right interest rate for each loan you take out on a semester-by-semester basis.

[bernaldiaz]

Why is the total non-discounted cost not just full tuition+indirect expenses *3 (plus inflation/tuition hikes)??

I am looking on LST, and for example BU costs 42,000 Anne has expenses listed as 17,000. So why is the total coa listed as 225,000 instead of 59,000*3??

Am I missing something obvious? Is it assuming you are financing the degree completely with loans at 8%??

Using your BU example, they actually explain it nicely on their website.

http://www.bu.edu/law/prospective/finan ... alculator/