Average family costs for college increase

Rising college costs continue to impact families, with the average family spending over $34,000 during the 2025-26 academic year, a 10% increase from the previous year. Despite tuition increases at private and public colleges, most students pay less than sticker price due to grants and aid, and many families view college as a valuable investment. There is significant concern about student debt, with many supporting limits on federal borrowing, as affordability remains a key factor in college decisions.

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