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That's not really accurate anymore. Without assuming too much, I'm not certain when you went to school, based on those numbers it seems a while ago. 2013-2014, average in-state tuition for 4-year public universities is just over 5,000 per semester, and that DOESN'T include housing, meals, books and other incidentals - it assumes you only pay for classes, nothing else. Wyoming was the lowest average in 2013-14, at $4,404 for the year (2202 per semester), and under $9,000 when you include housing and meal plan - not bad, really. Anymore, even with Pell, state grants and federal subsidized loans, students still have to come up with 1,000-3,000 per semester. So, that's where the unsubsidized and parent plus loans come in. Source - my own institutional research at a community college for the last two years. |
For comparison, U of T in Ontario comes to around $6,000 p.a., or $13,000 for Engineering.