Making Cents: Start Saving More for College

A College Board study released last week found that four-year colleges and universities boosted undergraduate tuition this year an average 6%--much less than the double-digit increases between 1991 and 1993. Room and board also went up 6% to $4,152 at four-year public colleges and 4% to $5,361 at private schools. In-state tuition and fees now average $2,811 at public colleges and $12,823 at private ones.