It’s common for parents of high school seniors to joke, “At least when he goes off to college we won’t have to feed him! Think of how much we’ll save on grocery bills.”If you look carefully at actual college costs, this may not be such a joke.According to the Education Data Initiative, the average cost of attending a four-year in-state institution is now $27,146 a year, while private nonprofit colleges average $56,628 annually. Numbers like thes…
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