Mike Shedlock
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The data is a bit out of date, but the US Department of Education has a College Affordability and Transparency Center where you can see the highest and lowest tuition and net tuition (including aid) of various types of two and four-year colleges.

The highest costs are over $60,000 per year. And that is just tuition and books, not just room and board.

Business Insider
commented on the costs in America's REAL Most Expensive Colleges.

Fast Company also commented on the sad cost situation in How To Save $244,000 On Your Education.

You, too, can experience the best that American education has to offer--without enrolling at NYU. Might I recommend that the curious would-be undergraduate or returning student check out:

Coursera, one of the three major Massive Open Online Course platforms, just announced a $43 million Series B round of funding to expand its mobile apps, API, and its "Signature Series" classes, which can be taken for a small fee and applied for college credit. The company offers free video versions of almost 400 courses created by professors from Stanford, Penn, Princeton, Yale, and other universities--in all, these courses have had about 4 million signups to date. The State University of New York, the largest public university system in the country, has a special partnership with Coursera , developing shared solutions to enable more of its students to follow flexible paths toward a degree.

Enstitute, an apprenticeship program created by two Millennials, is heading into its second successful year placing 18-to-24-year-olds with top New York City tech startups, nonprofits, and media companies. The Fellows, who pay $1500 tuition but also receive a stipend to cover living expenses, live together and complete a core curriculum and digital portfolio in addition to their hands-on experience learning business, creative, and technology skills.

General Assembly, a Silicon Alley incubator turned education provider, offers classes and workshops ranging in length from a few hours to full semesters, and ranging in cost from free to $3,500, in highly relevant areas such as business, marketing, mobile, web, and product development. They also offer networking and mentoring opportunities, and a growing online course channel.

About Coursera

The above links to Coursera, Enstitute, and General Assembly are Fast Company reports on those organizations, and well worth a look for those seeking alternatives to extremely costly education.

I also encourage readers to go to the actual Coursera site.

About Coursera®

We believe in connecting people to a great education so that anyone around the world can learn without limits.

Coursera is an education company that partners with the top universities and organizations in the world to offer courses online for anyone to take, for free. Our technology enables our partners to teach millions of students rather than hundreds.

We envision a future where everyone has access to a world-class education that has so far been available to a select few. We aim to empower people with education that will improve their lives, the lives of their families, and the communities they live in.;

We offer courses in a wide range of topics, spanning the Humanities, Medicine, Biology, Social Sciences, Mathematics, Business, Computer Science, and many others. Whether you're looking to improve your resume, advance your career, or just learn more and expand your knowledge, we hope there will be multiple courses that you find interesting.

Future of Education is At Hand: Online, Accredited, Affordable, Useful

On September 3, I wrote Future of Education is At Hand: Online, Accredited, Affordable, Useful.

Please check it out.

Avoid the College Debt-Trap

Those with money to burn may wish to go (or wish to send their children to go) to 4-year brick-and-mortar colleges for $60,000 a year plus room and board.

For everyone else who wants to avoid the college debt-trap, I strongly suggest exploring alternative approaches.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

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Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.