There Are Now 50 Colleges That Charge More Than $60,000 Per Year

Peter Jacobs:

As the average cost of higher education in America continues to rise, at least 50 American colleges and universities are now charging students more than $60,000 per year.

We found these numbers by examining the average cost of tuition, fees, room, and board that an incoming student would face over the 2014-15 academic year. Check out a more in-depth breakdown of the 20 most expensive colleges here >>

While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education — students are also responsible for paying for textbooks, travel costs, and, of course, any social expenses. These “indirect costs” can often add up to an extra $2,000.