The Price Everybody Talks About and Nobody Really Knows: How Much Does College Cost?

Jordan Weissmann:

If you're a parent, and you don't suffer palpitations whenever the topic of paying for college comes up, congratulations: You're either unusually mellow, or unusually wealthy. Higher education is expensive, and getting more so by the year.

But how expensive? Ah, that's a trickier question. What we talk about when we talk about the price of a degree can be a bit murky, thanks to the vast variations in tuition, financial aid, and lifestyle choices that determine how much a student spends during their time on campus. For parents paying the tab, and for wonks who'd like to make higher education more affordable, it's useful to have a realistic baseline for how much a bachelor's actually runs these days.

So without further ado, let's look at the numbers.

Posted by Jim Zellmer at August 1, 2012 2:16 AM
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