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Higher Education Costs Continue To Soar

from The Associated Press via CBS News

New figures on the cost of a college education aren't what students and their parents want to hear. But it's probably no surprise: Costs are rising as public universities pass state budget cuts on to customers. The College Board says average in-state tuition and fees at four-year public colleges rose an additional $631 this fall, or 8.3 percent, from a year ago. Nationally, the cost of a full credit load has passed $8,000, an all-time high. With room and board, the average list price for a state school now runs more than $17,000 a year. more

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