More Colleges Join $50K Club
As tuition rises, 151 schools now above that threshold
By Kevin Spak, Newser User
Posted Oct 25, 2012 2:22 PM CDT
College isn't getting any cheaper.   (Shutterstock)

(Newser) – Want more evidence that the price of college is exploding? Well this year, 151 schools will cost more than $50,000 a year, including tuition, fees, room and board, CNN reports, based on numbers from the College Board and Chronicle of Higher Education. That's up from 123 last year and just 58 three years ago.

Sarah Lawrence even busted out of the $50,000 bracket, charging a sticker shock-inducing $61,236, after raising costs by 3.5%. Nor were the top dollar schools alone; among the more than 3,000 schools the College Board tracks, more than half increased costs.

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Showing 3 of 18 comments
Tology
Oct 26, 2012 10:53 AM CDT
Maybe because their living quarters are like luxury hotels, complete with pools and sun decks. Go back to the basics of teaching and learning and quit trying to lure new students with luxuries and the price will come down. They can also quit spending hundreds of millions on athletics.
toryd
Oct 26, 2012 2:21 AM CDT
College costs have skyrocketed. But if you're a smart student with good grades, you can get very good academic scholarships in private universities, which bring the cost down to the equivalent of public colleges. It is true here in Cali, someone I know did that very thing. And even better, at the private u he is attending, he is practically guaranteed to get the classes he needs, so he can graduate in 4 years. Not so in the public schools, where it is a scramble to get classes.
Seth_Meyers
Oct 25, 2012 8:42 PM CDT
"Sarah Lawrence even busted out of the $50,000 bracket" **************************************************** College? It would have been nice to first pass elementary school and learn proper grammar. It's "broken," not "busted." Oh wait, this is Newser. Nevermind.