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Yea I wasn't sure where the numbers were coming from either. Judging by the OOS tuiton, you're looking at 40k for tuition + 15k for misc. (books, room & board, etc.), that's 55k a year. So, for your entire education there you're looking at ~220,000 in debt as an OOS student unless you get some kind of scholarship. I guess 220,000$ is not that outrageous compared to some schools, but it's still pricey nonetheless.
Yes, but they also said a typical financial aid package was 30% scholarships and 70% loans. I think OOS tend to get more help because the cost is higher. At the average 30%, the debt would be a little over $130,000 if a person took out all the money listed for personal expenses. The amount allowed for living expenses is around $1,400/month. I think most people can live in Iowa City for much less than this.

