Getting ready to send your kid off to college? Or packing up your stuff and heading to campus yourself? The U.S. Census Bureau estimates that this fall 19 million students will be enrolled in the nation’s colleges and universities, so you’re definitely not alone.
All those students will be learning a lot, of course, but they (and their parents) will also be laying out a big chunk of cash. Last year, the average tuition, room, and board paid by in-state students for one academic year at a four-year public college or university totaled almost $15,000. At private colleges, the one year bill averaged about $40,640. This year, like everything, college costs are even higher.
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