Tuition and Fees

Tuition and fees constitute a significant (though not the sole) amount of the money you will need to save for college expenses. However, expenses vary widely among schools. Tuition at an elite private college might run $25,000 a year, but may only be $4,500 for a top-flight public university. A private four-year liberal arts college might cost $22,000, while tuition and fees at a four-year public liberal arts school may cost less than $3,000. If you attend an out-of-state public university, costs will jump. However, figures can vary widely. Tuition costs at the top-ranked University of Michigan, for example, triples for out-of-state students. Other Resources: College Board Online Read about the trends of college tuition and fees or view a breakdown of the average expenses for private and public colleges. US News & World Report College & Career Center Online US News has identified schools with the best college values as those that "excel in academic quality without regard to cost." Money Online Money Online provides data on first year colleges to help you "find the right school at the right time."

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