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Experts are sounding the alarm in the wake of college prices closing in on $100,000 per year when counting tuition, fees, room and board, books, and other living expenses.
“Among the schools appearing on The Princeton Review’s ‘The Best 389 Colleges’ list, eight institutions — including New York University, Tufts, Brown, Yale and Washington University in St. Louis — have a sticker price of more than $90,000 for the 2024-25 academic year,” CNBC reported.
Those tuition prices could well cross into the $100,000 territory come 2026 so long as the adjustments average roughly 4 percent a year. Sameer Gadkaree, president of the Institute for College Access and Success, told CNBC the trend will likely “discourage students from seeing that [college] as a place they can attend, despite grant aid.”
“It’s simply unaffordable,” he said. “It’s absolutely a…
