Monday, August 1, 2016

College Sticker Shock! Tuition Greatly Outpaces Room & Board.


The annual tuition and fees I paid as a freshman at the University of Illinois in 1961 totaled $260, and my room and board totaled $990.   This year (2016) tuition and fees for an entering freshman are $15,698, and room and board are $11,308.  "Back in the day," tuition was only 20% of the cost of attending college, and now tuition is 58% of the cost of attending college. 


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