Average American Families Paid Slightly Less For College This Year
It’s still is very expensive!
CNBC reports.
College costs dip slightly but still cause anxiety
There is some good news for American parents terrified about the rising costs of college outstripping inflation and their investments: the average amount families spent on college actually went down last year.
In the “How America Pays for College 2016,” a report from student lender Sallie Mae released on Tuesday, the average American family paid $23,688 for college in the 2015-16 school year, down slightly from $24,164 in 2014-15.
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