Tuition pays for this

By Walter E. Williams.

According to College Board, average tuition and fees for the 2013-14 school year totaled $30,094 at private colleges, $8,893 for in-state residents at public colleges and $22,203 for out-of-state residents. Many schools, such as Columbia University and George Washington University, charge yearly tuition and fees close to $50,000. Faced with the increasing costs of higher education, parents and taxpayers might like to know what they're getting for their money.
 

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