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50 Colleges That Charge More Than $60,000 Per Year

Ranking colleges by how much they charge in tuition is one thing, but it often doesn’t paint a full picture. Business Insider took it one step further, factoring in room and board. The results? Fifty colleges will charge more than $60,000 for the 2014-15 school year.

But wait. There’s more bad news.

“While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education — students are also responsible for paying for textbooks, travel costs, and, of course, any social expenses,” Business Insider reports. “These ‘indirect costs’ can often add up to an extra $2,000.”

But wait. There’s even more bad news. Last year, only nine colleges charged more than $60,000, the report added.

This year’s fifty colleges charge anywhere from $60,034 to $64,537 per year. So the cost of tuition rises – parallel to the growing irrelevancy of a liberal arts degree, ballooning student loan debt, and skyrocketing unemployment for college grads.

Read the full article.

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