While the price tag for a college education has edged down slightly during the pandemic, it’s important to plan ahead to determine how to fund – or partially fund – tuition, fees, room, board and everything else for four (or more) years of undergraduate studies.
Colleges and universities typically report a combined tuition and fees total. The average price of tuition and fees for the 2021-2022 academic year in the United States came to:
$10,740 at public colleges (for in-state residents)
$27,560 at public colleges (for out-of-state residents)
$38,070 at private colleges
For the 2021-2022 academic year, average room and board costs were:
$13,620 at private colleges
$11,950 at public colleges
It is important to plan ahead and create a budget for college. Check out the below infographic for more information and tips!
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