College tuition costs more than students budget for in most cases: survey

Some students face as much as $10,000 in extra college tuition costs, a recent survey said. (iStock)

College tuition can sometimes cost $10,000 more than budgeted, but despite the unexpected expense, many students are making ends meet, a recent survey said.

About 66% percent of college students said college costs were more than they expected and 26% said that these costs rang in at about $10,000, according to a College Ave survey of college students at four-year universities conducted by Barnes and Noble College Insights. 

The cost of higher education remains a significant expense for families who often underestimate the price as costs have skyrocketed over the last 40 years, even after adjusting for inflation, according to figures reported by the Education Data Initiative

From 2000 to 2020, average post-secondary tuition inflation outpaced wage inflation by 111.4%…

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