Brandeis University introduces Faye for certain college cost estimates
Updated
Updated · The New York Times · May 10
Brandeis University introduces Faye for certain college cost estimates
2 articles · Updated · The New York Times · May 10
Launched weeks ago, the tool uses applicants' transcripts and tax returns to predict Brandeis costs, including need-based and merit aid, if they are admitted.
The university says Faye aims to offer more certainty than federally required net price calculators, which often differ from final aid offers by thousands of dollars.
Brandeis president Arthur Levine approved the initiative, which the report says appears unusual in higher education and could reshape how families compare college affordability.
Can price transparency tools fix higher education's trust crisis, or just its sticker shock problem?
Is Brandeis's new AI-powered cost estimate a binding promise or just a better guess?
With AI now setting college prices, how is the sensitive financial data of applicants being protected?