Student Loans can amount to $50k a year

A college education may be the most important investment in a child’s life and has become one of the most costly, too.

The publicly reported tuition charged by private colleges and universities for the 2007-2008 can reach $50,000 a year. The trends are alarming, too. And while tuition at public universities is generally lower, costs there have been growing even more steeply in recent years as government support has lagged. Full Story.