Tuesday, October 11, 2011

College sticker shock: Is $55,000 the new $50,000?

The Washington Post reports:
Twenty colleges now charge $55,000 or more in annual tuition, fees and living expenses, according to the latest survey of most expensive colleges from CampusGrotto.

Back in 2007, by contrast, $50,000 was the upper limit of college sticker price and only one university — our own George Washington University — had reached it.
Does Columbia's Jefferey Sachs feel guilty about the $56,000 a year price tag he's part of?