It costs around $90,000 a year to attend Columbia University.
Most undergraduates do four years of studying there, which means that if they’re not getting any subsidized grants, their parents are coughing up a total of $360,000 just for their tuition, housing, food and books.
Add in other expenses like travel, and Mommy and Daddy won’t be getting much change out of $400,000.
That’s a lot of money.
But those parents would doubtless consider it a price worth paying to give their child what is supposedly one of the best educations in the world at such a supposedly elite institution with a supposedly world-class reputation.
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