Two years ago, a mere 5 institutions charged more than $50,000 per year for out-of-state tuition, fees and room & board. Today, 100 institutions have topped the $50,000 mark. And, for the first time, a public school, University of California at Berkeley joins the list. If your child has aspirations to attend a top college, there are effective planning techniques to help mitigate these costs, according to our friends at Boston Mountain Money Management.
Source: Paul Kedrosky’s Infectious Greed, The Chronicle of Higher Education: http://paul.kedrosky.com/archives/2010/11/the_50k_college.html