Course Hero Blog Puts “Outrageous Hidden Costs of College” at $23,010 a Year
According to the Course Hero Blog, a year at college is going to cost you more than just tuition – a LOT more. Course Hero figures that you’re going to pony up an additional $23,010 for room and board and extras.
By the way, Course Hero has a terrific graphic on its site that displays all the extra costs on a very nifty, Monopoly-like game board. According to the chart, these are some of the hidden extras that many students pay every year . . .
- Alcohol - $2,600
- Coffee - $1,800
- Clothing - $750
- Entertainment - $4,000
- Books and supplies - $1,137
- Computing costs - $425 (assumes that you’ll use one $1,700 laptop for four years)
- Room and board - $7,999
- Transportation - $1,073
- Activity/social fees - $700
- Cell phone - $756
- Greek dues - $600
- Sporting events - $50
- Food - $750
- Lab fees - $120
- Spring break - $500
- Practice room rental (for music students) - $150
Of course, there are ways to trim some of those expenses. Nobody is making you join a fraternity or drink alcoholic beverages or head to the tropics for spring break.
But heck. While you’re at college, you have to live a little, right? Maybe even go to a concert or a football game. But as you plan your budget, remember that the cost of just about everything – from gasoline to cold cuts – seems to be going up quickly. Maybe Course Hero will have to raise its $23,010 estimate to $25,000 next year.