How expensive can college schools get?

Hi there! So I'm heading to college next year, but the cost of schooling still kind of freaks me out. I know some colleges are more expensive than others, but just how costly can these 'college schools' get? How much should I be preparing mentally and financially?

Great question! To give you a sense of the range, the tuition fees for colleges and universities in the U.S can largely vary depending on whether they are private or public, and whether you are an in-state or out-of-state student for public colleges.

For private colleges, the cost is typically the highest. For instance, tuition and fees at some of the most prestigious private universities can easily exceed $50,000 per year, not including room and board. Including room and board, the total cost can sometimes reach up to $75,000 per year, or even higher.

On the other hand, public colleges often cost significantly less, especially for in-state students. The average cost of attending a public college for in-state students can range from $10,000 to $20,000 per year, including tuition and fees. Out-of-state students at public colleges might be looking at anywhere from $20,000 to $40,000 per year.

These are just the raw numbers, though. Consider that many students don't pay the full sticker price thanks to financial aid, scholarships, and grants. Remember to calculate your estimated cost of attendance using each college's Net Price Calculator for a more accurate assessment of what you might need to pay.

Keep in mind, too, that there are other expenses beyond tuition and room and board, such as textbooks, meal plans, transportation, and personal expenses. Planning ahead and budgeting for these other costs can ensure you're not caught off guard once you start college.