BOSTON (CBS) – Even a tepid economy can’t prevent college costs from rising well above the rate of inflation, and now some colleges and universities nationwide are charging more than $55,000 a year.
Last year, tuition and fees rose an average of 4.5 percent at private colleges, according to the College Board.
Costs above $50,000 a year are now becoming routine.
The Boston Business Journal reviewed this spring’s tuition increases, revealing that at least a dozen local colleges have total costs over $50,000 a year to attend.
On the other end of scale, schools in the UMass system had the lowest all-in costs for the coming academic year at slightly over $20,000.
Lisa van der Pool of the Boston Business Journal reports
2011-2012’s priciest Massachusetts colleges:
1. Williams College
Total cost, 2011-2012: $54,560.
2. Boston College
Total cost, 2011-2012: $54,528.
Total cost, 2011-2012: $54,474.