The Ivies Top The Most Affordable College List

6:29 AM, Oct 24, 2012   |    comments
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WASHINGTON (WUSA) -- When you think about an affordable college education, you don't tend to think of Harvard and Yale. But maybe you should.

Kiplinger's Personal Finance is out with its ranking of the "Best Values In Private Colleges" and the top schools can offer some of the biggest no-loan, need-based grants to students.

Yale topped the affordability list. Its average need-based grant came in at $38,914, bringing down the annual cost to lower than some public universities. At Princeton, ranked at No. 3, the average student walked away with just $5,330 in debt.

Two local private schools that you wouldn't normally think of as affordable also make the grade. George Washington at No. 49 and Georgetown at No. 17.

It may surprise you who can qualify for these need-based grants. Yale, for example, extends them to families earning as much as $200,000 a year, making it a lot more attainable to get that top-notch, private college education.

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