It’s the conventional wisdom that students and parents do their research on colleges and costs before making any commitment to attend a particular institution.
A public college or university will cost close to $9,000 a year for tuition and fees for in-state students and $21,000 for out-of-state students, according to the College Board. A private college or university will run about $28,000 per year on average, and many cost more. Add room and board and the costs are close to $50,000 for four years at a state institution and $168,000 at a private one.
Jeff Selingo, editor at large of The Chronicle of Higher Education, and author of College Unbound: The Future of Higher Education and What It Means for Students, says America’s higher education system is broken because the enormous costs don’t justify the results. He appeared on The Daily Ticker special “Generation I.O.U.” event and shared his the biggest myths surrounding college:Read More »from The Five Biggest College Myths