The cost of college keeps going up and up. A recent article in Business Week points out that the average dorm costs are now about $7000 a year , with UC Berkeley leading the way at about $13,000/yr.
This doesn't surprise me, I live in New York where $7000 is a unheard of for a shoebox in Manhattan and $13,000 is a downright steal. Look here.
A lot of folks think they don't qualify for financial aid but if their finances are structured properly, qualifying for financial aid becomes easier.A page setup at Anchor Retirement Resources has more information on this topic.