Rising Cost of Attendance at Colleges and Universities

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Cost,Attendance,Colleges

The total cost of attendance at some colleges and universities is now closing in on six figures per year. Some schools, including New York University, Tufts, Brown, Yale, and Washington University in St. Louis, are now nearing six figures a year after factoring in various expenses. However, scholarships and grants can significantly reduce the out-of-pocket cost for students.

The total cost of attendance at some colleges and universities is now closing in on six figures per year. The cost of attendance at some schools, including New York University, Tufts, Brown, Yale, and Washington University in St. Louis, is now nearing six figures a year, after factoring in tuition, fees, room and board, books, transportation and other expenses. Harvard is back on top as the ultimate 'dream' school.

'Crossing a school off the list of consideration based on sticker price alone is a mistake,' said Robert Franek, editor-in-chief of The Princeton Review. At Washington University in St. Louis, for example, the average scholarship award is just over $65,000 per year, The Princeton Review found, which brings the total out-of-pocket cost closer to $26,000. 'When you factor in the average grant, these schools become some of the most affordable in the country,' he said

 

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