How the typical American family pays for college

paying for college

You’re thrilled your child got into college, but that doesn’t mean you’re happy about the tuition bill.

Last year, the average private college charged $ 43,921 for tuition, room and board. Public schools charged $ 19,548 for in-state students and $ 34,031 for those from out of state. That’s enough to send jaws dropping for plenty of parents.

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Personal finance news – CNNMoney.com

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