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Before We're Up to Our Necks in Aggregators, Let's Get out Our Net 'Value' Calculators!

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Bibliographic Details
Title: Before We're Up to Our Necks in Aggregators, Let's Get out Our Net 'Value' Calculators!
Language: English
Authors: Butler, Lawrence
Source: New England Journal of Higher Education. Apr 2012.
Availability: New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: info@nebhe.org; Web site: http://www.nebhe.org
Peer Reviewed: N
Physical Description: PDF
Publication Date: 2012
Document Type: Journal Articles
Opinion Papers
Reports - Descriptive
Education Level: Higher Education
Descriptors: Student Financial Aid, Colleges, Higher Education, Universities, Tuition, Comparative Analysis, School Choice, Paying for College, Ability
ISSN: 1938-5978
Abstract: No sooner has the Net Price Calculator (NPC) wave crashed ashore, the next wave of college-choice transparency in the form of third-party data aggregators is threatening to engulf American colleges and universities. Since last October, NPCs have become a fact of life for American colleges and universities. Some are doing the bare minimum to comply with the federal mandate by adopting the generic, federal NPC template. Others have developed more robust, custom-designed NPC's that are more accurate in the information they present, better explain the school's financial aid policies and even serve as marketing portals with links to messages about the school's positive features and overall value, thereby framing "net price" in a larger context. In a world where aggregators will be "scraping" NPC information from every college, a Net "Value" Calculator can help recapture the high ground. In this article, the author discusses what leaders of any one college should do to make sure that these third parties don't preempt their best prospects.
Abstractor: ERIC
Entry Date: 2012
Access URL: https://www.nebhe.org/thejournal/before-we%e2%80%99re-up-to-our-necks-in-aggregators-let%e2%80%99s-get-out-our-net-value-calculators/
Accession Number: EJ985123
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  Data: Before We're Up to Our Necks in Aggregators, Let's Get out Our Net 'Value' Calculators!
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  Data: No sooner has the Net Price Calculator (NPC) wave crashed ashore, the next wave of college-choice transparency in the form of third-party data aggregators is threatening to engulf American colleges and universities. Since last October, NPCs have become a fact of life for American colleges and universities. Some are doing the bare minimum to comply with the federal mandate by adopting the generic, federal NPC template. Others have developed more robust, custom-designed NPC's that are more accurate in the information they present, better explain the school's financial aid policies and even serve as marketing portals with links to messages about the school's positive features and overall value, thereby framing "net price" in a larger context. In a world where aggregators will be "scraping" NPC information from every college, a Net "Value" Calculator can help recapture the high ground. In this article, the author discusses what leaders of any one college should do to make sure that these third parties don't preempt their best prospects.
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      – SubjectFull: Tuition
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      – SubjectFull: School Choice
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      – SubjectFull: Paying for College
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      – SubjectFull: Ability
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      – TitleFull: Before We're Up to Our Necks in Aggregators, Let's Get out Our Net 'Value' Calculators!
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