Private College Costs Exceed $90,000, Putting Burden on Wealthy Families

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Education News

Private Colleges,Tuition Costs,Wealthy Families

A number of private colleges have exceeded the $90,000 threshold for the first time this year as they set their annual costs for tuition, board, meals, and other expenses. This means that a wealthy family with three children could expect to spend over $1 million by the time their youngest child completes a four-year degree. However, many colleges with large endowments are working towards making college more affordable for students who come from less privileged backgrounds.

A number of private colleges have exceeded the $90,000 threshold for the first time this year as they set their annual costs for tuition, board, meals, and other expenses. This means that a wealthy family with three children could expect to spend over $1 million by the time their youngest child completes a four-year degree.

However, many colleges with large endowments are working towards making college more affordable for students who come from less privileged backgrounds.

Private Colleges Tuition Costs Wealthy Families College Affordability Endowments

 

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