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How Much Will a College Education Cost?
Approximate Undergraduate Costs (2009-2010)
to Attend a Four-Year College | Annual Cost | | Public School: | Resident Student * | Commuter Student ** | | | Private School: | Resident Student * | Commuter Student ** |
| | | $ 15,213 | | $ 7,020 | | | | $ 35,636 | | $ 26,273 |
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* Includes tuition, fees, room and board; in-state residency is assumed for public schools.
** Includes tuition and fees only.
Source: The College Board Trends in College Pricing 2009 |
| Do You Know... | the value of an investment in higher education? | | According to the College Board’s Education Pays 2007, full-time workers ages 25 and older with a bachelor's degree earned a median income in 2005 of $50,900, almost 62% more than the $31,500 earned by a full-time worker with only a high school diploma. Those with master’s degrees earned a median income of $61,300, which rose to $100,000 for those with a professional degree. |
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