"There’s almost nothing talked about more in higher education than the cost of college. The cost of a college degree increased 1,120% between 1978 and 2012 – four times faster than the increase of the consumer price index. And as college tuition rises, so does student debt. Today, graduates in the U.S. hold a total of $1.23 trillion in student loans among 43.3 million borrowers. The class of 2016 graduated with an average of $37,172 in student debt.
But what exactly makes up those high costs and large debt loads? Although tuition and fees are a large portion of it, those aren’t the only expenses a student incurs when he or she goes to college. Below, GoodCall takes a look at just how much it really costs to go to college – from application fees to tuition to living expenses and more..."
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Article written by: GOODCALL
Nadine Underbrink, M.Ed.