How much parents contribute on average towards college costs

<p>“The problem is that today’s college students are much less likely to be able to “work their way through college”. A generation ago, many working students were be able to self-support their room and board while also paying the then-nominal tuition at the in-state public university.”</p>

<p>This is so so true!</p>

<p>I went to Wellesley in the 1980s and paid $13,000 per year (full pay) in tuition. In today’s dollars, that is roughly $20,000 . . .a far cry from the price of $43,000 in tuition that Wellesley students will actually face next year.</p>

<p>I think it is a rare child who could pay the $20,000 per year by working, but perhaps with half in loans, it might be feasible to still attend and then pay off the loans in a reasonable amount of time. But $43,000?</p>