From CNBC.com…
In the wake of the pandemic, many families are taking a hard look at college and whether it is worth the high cost.
Tuition and fees plus room and board for a four-year private college averaged $50,770 in the 2020-21 school year; at four-year, in-state public colleges, it was $22,180, according to the College Board, which tracks trends in college pricing and student aid.
When adding in other expenses, the total tab can be more than $70,000 a year for undergraduates at some private colleges or even out-of-state students attending four-year public schools.
Yet few students and their parents pay the full amount.