Paying for College

Outrageous College Dorm Costs

Some parents keep their eye on only college tuition costs when considering which schools might be affordable for their sons or daughters. The smart ones, though, look at what's known as the "student budget." The student budget includes not only annual tuition but also room and board, various fees, and estimates on miscellaneous expenses and even travel. Talk about running up the numbers!

Our friends at CampusGrotto.com have put together a list of the most expensive college dorms. At least my mind boggles when I see what it costs to live in some of these dorms for less than nine months, especially when I think of having to share living quarters with at least one other person, in most cases. Let's do some math:

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