Bargain or Bust?

According to the Southern Regional Education Board, Oklahoma colleges have the 4th lowest tuition in the 16-state region.

Tuition and fees in the past academic year averaged $3,493; only Louisiana, Florida and Georgia were cheaper.

That amount is the average of all public colleges and universities in Oklahoma. Certainly, tuition at the University of Oklahoma is much higher. And it doesn’t take into account books, transportation and living expenses. If you factor all those things in, the cost of gaining a four-year degree in Oklahoma can add up to nearly $53,000, according to a recent report by State Regents.

Still, that’s a bargain, they tout, because having a college degree raises earning power so much that it pays for itself with a decade or two.

What do you think? Is tuition a bargain here? Is the pay-off worth the price? Are you still paying off your student loans — and maybe a child’s loans as well?

E-mail me at ssimpson@oklahoman.com or call me at 405-475-3930.

Susan Simpson, Education Writer

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