Is this like, a real sum of money americans pay for a degree? Overhead must be mind-boggiling if like just two students are needed to pay educator's salary for the period.
The California State system, which costs $7-9 thousand per year, is far more representative.
2. The question that started this thread was “does anyone really pay 250k for college?” Even as an outlier, the UC system price is relevant. It is an existence proof that many people _do_ pay close to that sum for undergrad.
Traditionally the story was that almost no one paid the sticker price, but still that’s an eye watering sum even discounted.
I’m sure in the next few years we’ll have stories of people 500k in debt or more for their schooling.
That is the sticker price of college is a competition to be who is the most elite. There's also a scholarship competition, so if you have a higher sticker price, and then you give a scholarship, you can advertise you give the most scholarship money to your students.
Of course you might need others things too like a car if you aren't on a larger more urban (and thus more expensive) campus. But that obviously varies.
The "good" univeristy in my state would be more like 20k for tuition in-state and like 35k for out of staters.
A fool and his money are easily parted.