Earlier in the week I did a post on university and college presidents compensations. I found it quite interesting the exceedingly high salary combined with compensation packages for many U.S. university presidents.
Today's blog is on the high reaching tuitions of nine private colleges and universities in Massachusetts now topping $50,000 a year, according to College Board data analyzed by the Chronicle of Higher Education.
Tufts University ($51,088) ranks the highest in the Bay State and No. 20 nationwide. Boston College, Mount Holyoke college, Hampshire College and Smith College round out the state's top five, followed by Bard College at Simon's Rock, Babson college, Boston University and Franklin W. Olin College of Engineering.
The analysis factors in tuition, fees, room and board when calculating what id dubs "The 50K Club." Who took the top spot? Sarah Lawrence College in New York at $55,788 a year!
With skyrocketing salaries and tuition's, how can a middle class family afford to send their children to university? How will we compete in a global economy if our children can't even compete for a top university diploma?
Interesting questions with long term effects.
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