We use cookies to personalize and improve your browsing experience. 

To learn more about how we store and use this data, visit our privacy policy here.

Category

Funding

Category

This past October, Inside Higher Ed came out with a report on how families pay for college. The report placed the average amount that families spend on an undergraduate education per year at $26,458. The report also found that parents chip in almost three times more than students, 28 percent of the total cost is covered by scholarships and grants, and 53 percent of families borrowed money in some way to pay for college. With…