According to the College Board, the average cost of tuition for the 2016-2017 school year was $33,480 at private colleges, $9,650 for in-state colleges, and $24,930 for out of state residents attending public universities.
Read MoreAccording to the College Board, the average cost of tuition for the 2016-2017 school year was $33,480 at private colleges, $9,650 for in-state colleges, and $24,930 for out of state residents attending public universities.
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