College Costs Are Still Climbing. Here's What to Do About It.

College Costs Are Still Climbing. Here's What to Do About It.

You'd think the college bubble would've burst by now, or at the very least deflated. But new data from the College Board tells the opposite story -- namely, that tuition prices rose again in 2017, and at a rate that continues to outpace inflation.

The average annual cost of tuition climbed $300 at public four-year colleges for in-state students, and it rose by $800 at private universities. And while those might not seem like such hefty increases, consider this: For in-state tuition at a public college, students are now looking at a total bill of $20,770 for tuition, room and board, and fees. Meanwhile, the median price for full-time students attending private nonprofit four-year colleges is $35,260. Ouch.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source: Fool.com