The crippling costs of college

Posted at: 01/27/2012 11:01 PM | Updated at: 01/27/2012 11:30 PM
By: Lynette Adams | WHEC.com

President Obama is warning the nation's colleges and universities that they could lose their federal aid if they continue to "jack up tuition."

According to the college board, average tuition and fees at public colleges rose more than eight percent this year, add room and board, and the price tag is more than $17,000 a year.

News10NBC dug into Rochester's college atmospheres to excavate new information regarding the crippling costs of college.

Just as RIT is the leader on the scoreboard, it wants to lead in another area that impacts students even more than a hockey game.

Bill Destler says RIT is looking for ways to save, like replacing 20,000 florescent light bulbs with LED lights, cutting energy costs. This is welcome news for students like fourth year engineering student Megan Henriksen. Her father has been putting three children through college.

Destler told us rising healthcare costs for staff and faculty is number one for driving up the costs of colleges. Not to mention campus amenities and recreational facilities to attract the best and the brightest. 

For the first time ever, student loan debt has outpaced credit card debt.

For more Rochester, N.Y. news, go to www.whec.com. 

Print Story