College costs are rising and many families have no idea just how expensive higher education is

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Families massively underestimate the cost of college, study finds

"It's something my parents have always been worried about," said Alhassan Bangura, 18, about paying for college.

"They were never able to set up college savings," he said of his mom and dad, who immigrated to the U.S. in 2002. "I had to be resourceful." The recent high school graduate from Windsor Mill, Maryland, will be a freshman at Cornell University this fall thanks to a combination of scholarships. "I was able to attend college without any debt," he said.Source: Alhassan Bangura

Average tuition, fees and room and board for the 2020-21 academic year increased by 1% to $22,180 for in-state students at four-year public colleges, according to the College Board, which tracksThough college has been getting more expensive, few students and their parentsThese days, most families rely on a combination of resources, according to education lender Sallie Mae, including income and savings, money from scholarships and grants and, of...

 

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College is a waste yadayadyada

Is that the families problem or the institutions that keep charging astronomical fees🤔

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