Cost of College

Topics: High school, College, University Pages: 3 (824 words) Published: April 9, 2013
Is College Only for the Wealthy?
When dropping my sister off at college many thoughts ran through my head. Thinking that she was no longer going to be at home, and that she was beginning a new chapter in her life struck me as odd. In the many thoughts I had, I did not think about how much her new chapter in life was going to cost my family. It did not hit me until we finished moving her into her dorm room and we went to the university book store to pick up her books. This was my first realization of how expensive college is. The costs of all her books for the coming semester came to a total around $500. I could not believe that this was just the beginning. In addition to the cost of books, students are required to pay for room and board, a meal plan, and the tuition.

The increasing cost of college is causing many student to stop their education after receiving their high school diploma. According to College Board, “The average cost of a four year college is $7, 605 per semester.” Once the costs of books, food, room and board have been added into the cost of tuition, the total can be anywhere between nine to eleven thousand dollars. A four-year state college, which is often one’s last resort, cost about nine thousand dollars or more to attend. Unless a student earns an athletic or academic scholarship, college is a very costly investment. Often, students are required to take out multiple loans to help pay for their tuition which can sometimes take up to five years to pay back. As of today, the most expensive college in the United States is Sarah Lawrence College. This private college comes with the hefty price tag of $57,556 per year. Sarah Lawrence is followed by the well known Ivy League school, Columbia University, which costs around “$43,815 for tuition and fees and another $10,572 for room and board” (Wingfield). With costs like these for an education, college will soon be a privilege for only the elite and wealthy. The amount of money expected to be...

Cited: "Trends in the Cost of College." National Center for Education Statistics. U.S. Department of Education,, 2010. Web. 24 Feb 2011. .
"What It Cost to Go to College." The College Board. The College Board, 2010. Web. 23 Feb 2011. .
Wingfield, Brian. "America 's Most Expensive Colleges and Universities." Yahoo Finance. Yahoo, 05 Oct 2010. Web. 23 Feb 2011. .
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