Direct and indirect labor are costing terms used in budgeting, planning, and financial reporting. Direct labor costs are so named because they are associated directly with the production of specific units of finished goods.
Tuition for Princeton University is $41,820 for the 2014/2015 academic year. This is 66% more expensive than the national average private non-profit four year college tuition of $25,224.
Princeton in New Jersey, where tuition and fees cost $41,820 a year for 2014-15, came out on top, in part thanks to being 'the first university to offer a no loan policy to financially needy students, giving grants instead of loans to accepted students who need help paying tuition'.