They say that knowledge is power - but when that knowledge comes with an average cost of $19,800 per year, it makes you wonder if it's really worth the price tag.
That's right; according to the Education Data Initiative, the average annual price of tuition for any four-year institution is now $19,806. Unfortunately, tuition often only represents about half of the total cost of attendance, meaning students are really paying nearly $40,000 every year to get their degree.
