Sticker shock: New college graduates, here is why your education cost so much money
By staff and wire services reports
May 21st, 2013
When high school senior Jenny Bonilla got her college acceptance letter in March, she felt shock and heartbreak rather than joy, Yahoo! News reports. That’s because the letter from Goucher College, a private liberal arts school in Baltimore, also brought news that she would owe an unaffordable $20,000 a year in tuition and board, even with a scholarship the college was offering. Bonilla had been in the running for a full ride to Goucher but eventually lost out because her parents’ combined income of $57,000 a year was deemed too high. “That was heartbreaking,” she said...