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college tuition

Most Expensive Colleges for the 2010-2011 School Year

The Most Expensive College in America: Sarah Lawrence

The Most Expensive College in America: Sarah Lawrence

College is expensive and, thus, a luxury, but despite tuition rates on the rise across America and an economic recession, many universities are still meeting and exceeding enrollment goals. Some speculate that the steady enrollment is because people chose to go back to school, or stay in school, if they can’t find a job.

But how much are you willing to invest in your future?

Since 2000, public university’s tuition rates increased, on average, at a rate of 46.5% and private non-profit schools averaged an increase of 30.8%. Read the rest of this entry »

Daughter Sues Dad to Pay for College

graduateDana Soderberg has been award $47,000 from her father by Connecticut to cover her college tuition and other expenses incurred during her final year at Southern Connecticut State University. According to the Connecticut Law Tribune, Ms. Soderberg sued her father to uphold a written contract he signed after her parents divorced in 2004. The contract stated that her father, Howard Soderberg, would pay for her tuition until she turned 25, in addition to related expenses like books and car insurance. When he refused to pay for her final year, Ms. Soderberg was forced to take out a $20,000 loan to continue her studies, with her mother co-signing. Read the rest of this entry »

Paying for College with a 529 Plan

saving moneyPaying for college is expensive. The sooner you start saving for it, the better off you will be, and hopefully, the fewer student loans you will have to pay off after college.

So what’s the best way to save for college? Well, you could fill a glass jar with cash and bury it in your backyard. (On a side note, that really is how I saved for my first car. Other than avoiding the fire ant hill near my hiding spot, it was a great idea.) Or, if you still have a few years before you start college, you could invest in a 529 plan.

What is a 529 plan?

Read the rest of this entry »

New Service Helps Students Accurately Determine Tuition

moneyWhen I first started college, I was told that tuition would run about $4,000 a year. What they failed to mention is that fees, living expenses, books, and other necessary parts of college would run my first year total up to nearly $10,000! That’s a pretty big difference, and certainly one that my family was not expecting. Evidently my experience is a pretty common one.

Many students start college with a tuition figure they expect it to cost and end up paying a lot more than that number, which can lead to large student debts. If only there was a company that would help students see what their real costs for college are going to be. Oh wait, now there is!

A new website, is offering students a “personalized, side-by-side comparison of the net costs of college and student aid eligibility to help students and their families choose colleges that fit their career goals and bank account.”

Read the rest of this entry »

Accelerated Degree Programs on the Rise

graduation dayMost students enter college expecting to spend the next four years studying, going to classes, attending sports events, and preparing for their future careers. Four years. That’s all we students expect to spend at college.

However, the average student today is spending six years and seven months at college. This time span takes into account time taken off for work, repeating classes, or just the appeal of not being quite ready to end the college experience. But when you consider that the average public college tuition is $6,585 per year, that’s a total tuition cost of $44,119.50, not to mention living expenses and books.

Read the rest of this entry »

College Tuition on the Rise

dollar signIf you have been in college for a few years, I’m sure you have noticed that tuition keeps getting just a little bit more expensive every year. I know I sure have noticed it. It seems like colleges keep finding some reason to increase tuition and fees every year. I thought maybe I was just being unrealistic, but unfortunately, I wasn’t.

A report released by College Board on October 20, 2009 showed that college tuition and fees have indeed been increasing. This year, public universities have raised annual tuition and fees by 6.5 percent. That means that the average student is paying $7,020 per school year! That’s quite a hefty price, but not nearly as bad as what private school students are paying. Although the average annual tuition for private universities only increased by 4.4 percent since last year, these students are still paying $36,273 per year.

Why are college tuition and fees skyrocketing when we are in the middle of a national, economic recession?

Read the rest of this entry »

Avoid High Tuition Blues with Community College

moneyIf there is one thing college students know it’s the high price of an advanced education. Let’s face it… college is down right expensive. There are, however, ways in which to defer the high cost of a college education. Most conversations will lead into the realm of scholarships, but this is not one of them.

The topic of this conversation is this… utilizing community colleges to decrease the cost of your overall education. Now, you are probably wondering how community college will save you money on your education, but it really is simple.  Read the rest of this entry »

Will Education Become Unaffordable for Most Americans?

Here’s a really disturbing article in the New York Times about educational affordability. According to the New York Times, if the price of education rises as the same rate that it has, a college education will become unaffordable for the majority of Americans.

Yes, you read that right.  The majority of Americans.

The Times cites a report from the National Center for Public Policy and Higher Education, which found that:

  • In the past 25 years, college expenses have increased 429 percent, while median family income has increased 147 percent.
  • In 2007, the average cost of a year at a public university amounted to more than a quarter of the median household income.
  • In 2007, the average cost of a year at a private school amounted to more than three-quarters of the median household income.

So are we actually going to reach a point in American history where a college education will become a luxury?  We certainly seem to be moving in that direction, huh?

See President-Elect Obama‘s plan to support college education.

10 Great Colleges and Universities for Under $25,000

Looking for a bargain?  Hoping to graduate from college with a minimum of debt and still wind up with a first rate education?  Here are 10 great schools, public and private, where you can get an outstanding education and still pay less than $25,000 in tuition per year.

1. St. Mary’s College of Maryland, St. Mary’s City, Maryland

St. Mary’s is a honors college, which means that every student in the school is an honors student.  Since it’s a state school, tuition is affordable.  Yet with only 1,850 students and super low 13:1 faculty student ratio, the experience is more like a liberal arts college than a public university.

2. Christopher Newport University, Newport News, Virginia

If there was a list of “most improved” schools, this small public university in southeastern Virginia would be high on the list.  Once known as everybody’s safety school, CNU recently has undergone a $400 million facelift. SAT scores are up 200 points, enrollment is up 400 percent, and the facilities are among the nicest in the nation.

3. Rice University, Houston, Texas

All right, this is cheating a little bit, a year of tuition at Rice will run you $25,606 a year.  But since The Princeton Review calls Rice the #1 Best Value Private College in the United States, it’s worth mentioning.  With about 3,000 students, this liberal arts university has an incredible faculty student ratio of only 5:1!

4. New College of Florida, Sarasota, Florida

If you’re in state, tuition at this Florida honors college will only run you about $4,000 a year (and about $23,000 out of state). The Princeton Review calls this innovative place the #1 Best Value Public School in the United States.  It’s pretty darn competitive too–the average GPA of incoming freshmen is over a 3.9.

5. San Francisco State University, San Francisco, California

SFSU is the quintessential urban school experience–excitement, diversity, great teaching, and students who are politically and academically engaged.  And the best part–it’s in San Francisco!  In state tuition is only about $2,500 a year, and out of state tuition is only about $12,500.

6. University of Minnesota-Morris, Morris, Minnesota

Located in Morris, MN, this public liberal arts school has an enrollment of about 1,600 students and is an absolute bargain, compared to the many pricey private liberal arts schools in Minnesota.  Tuition for both in and out of state students is under $9,000.

7. University of Denver, Denver, Colorado

DU may be one of Colorado’s best kept secrets. Located south of downtown Denver, this competitive private university is home to about 12,000 undergraduate and graduate students–and tuition runs about $21,000 a year.

8. Wayne State University, Detroit, Michigan

Yeah, it’s located in a not-so-great area of Detroit, but this school of 20,000 students has a reputation for being one of the best state universities in the United States.

9. Marymount Manhattan College, New York, New York

A bargain college on the Upper East Side of Manhattan?  Absolutely!  With an 11:1 faculty student ratio and an outstanding communication program, this school of 2,000 undergrads and a $21,000 a year price tag is more exciting than a sale at Manolo Blahnik.

10. Thomas Aquinas College, Santa Paula, California

This incredibly unique Catholic school has no textbooks, lectures, or majors–and no big price tag either.


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