As many Millennials are in the midst of their college years or just nearing that stage of life, many wonder why college has gotten so expensive over the years. As there are scholarships available, many pay the full price for out-of-state tuition, which adds up very quickly. Here are many factors that you can expect to be included in one of many bills.
- Tuition and Fees: Everything from the instructional fees, Armstrong Student Center fees, technology fees, transportation fees, special course fees, and facilities fees.
- Room & Board: The cost to live in the dorms and pay for the services they provide you, meal plans which is the amount you pay to eat over the course of a semester.
- Books & Supplies: College textbooks aren't cheap and expect a new book for every class, every semester.
- Personal Expenses: Whether you choose to have a little fun in college is completely up to you, but many forget how much they are actually spending on the weekends.
- Transportation: If you live out-of-state far enough where you can't drive, travel expenses add up quickly especially if you have to fly out of one of the most expensive airports in the country, like Cincinnati.
While many underestimate the costs of tuition, it is imperative to research and do financial planning before sending kids off to school to avoid the surprises of steep prices for the factors above.