Planning

Preparing for Rising College Costs

By July 20, 2023August 8th, 2023No Comments

The skyrocketing cost of college education has become a growing concern for students and families across the U.S. As tuition continues to rise, it is crucial to adopt a proactive approach to prepare for this financial challenge. In 2022-23, average budgets (tuition and fees, room and board and allowances for books and supplies, transportation and other personal expenses) for full-time undergraduate students range from $19,230 for public two-year students and $27,940 for public four-year in-state students to $45,240 for public four-year out-of-state students and $57,570 for private nonprofit four-year students.

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