logo
episode-header-image
Today
8m 4s

The Hidden Expense Driving Up College Co...

The College Investor
About this episode

When families talk about the rising cost of college, tuition tends to dominate the conversation. But for many students, tuition isn't the largest expenseRoom and board, which covers housing and meals, often makes up the majority of the bill.

Even at the most expensive colleges ranked by tuition, room and board adds a significant price.

Recent data show that at public four-year colleges, room and board now accounts for about 45% of total expenses, while tuition makes up less than 36%. At San Diego State University (SDSU), a popular in-state option, tuition is only 25% of the total cost of attendance if you include on-campus living. Room and board, meanwhile, makes up more than 62%.

Let's look at some raw numbers using SDSU as an example:

  • In-State Tuition: $9,180
  • Out-of-State Tuition: $13,320
  • Room and Board: $23,736

It's also important to note that SDSU requires students not in the service area to live on campus for two years. That can really add up!

That gap raises a tough question: Is living on campus worth the price, even more so if you're going into debt?

Up next
Yesterday
Why One-Third Of College Students Drop Out Without A Degree
<p>More than one in three students who enroll in college never complete their degree. That figure is not just a statistic - it represents millions of families who invest time, money, and hope into higher education, only to see it fall short of its promise.</p><p>Only 62% of stude ... Show More
8m 25s
Nov 24
How California Helps Families Save: A Conversation With Treasurer Fiona Ma
<p>California families have more tools than ever to save, invest, and build long-term financial security but many people don’t know these programs exist or how to use them. In this episode, Robert Farrington sits down with California State Treasurer <strong>Fiona Ma</strong> and ... Show More
44m 55s
Nov 23
Trump Administration Could Defund CFPB By 2026
<p>The Trump administration has escalated its campaign to defund the Consumer Financial Protection Bureau - setting in motion what could be its effective closure within a year.</p><p>In a&nbsp;<a href="https://storage.courtlistener.com/recap/gov.uscourts.cadc.41898/gov.uscourts.c ... Show More
7m 2s
Recommended Episodes
May 2016
Episode 4 - CMA vs CPA
<p><span style="font-weight: 400;">One of the most common questions I get asked is, "Nathan, why did you become a CMA?"</span></p> <p>There are several different finance and accounting certifications and licences available, but two of the most common are CMA vs CPA. With so many ... Show More
11m 9s
Jul 2020
EP 57: What Is The CMA Exam Like?
<p>During this live Q&A episode, you'll learn what the CMA exam is like on exam day and also how it's structured. Plus, I'll answer all YOUR questions so get ready for a value-packed hour with your CMA Coach.</p> <p>Over 37,000 candidates worldwide have sought my guidance and hel ... Show More
55m 58s
Jan 2022
Getting Started as a CPA and CFP
<p>On this episode of DIY Money, Quint and Logan give advice on getting started as a CPA and CFP. </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for adv ... Show More
17m 15s
May 2016
Episode 5 - CMA vs MBA
<p><span style="font-weight: 400;">One of the most common questions I get asked is how I chose the CMA over other designations and certifications.</span></p> <p><span style="font-weight: 400;">Deciding what you want to do with your career can be tough, especially when you don't k ... Show More
10m 13s
Feb 2025
659: $100k with AI-Coded Apps
Back in the day, you needed someone technical (or paid someone technical) if you wanted to build any kind of software. Today, with the popularity of AI tools, not so much. Pete McPherson from doyouevenblog.com is earning $100k by using AI tools to help build a series of small-ish ... Show More
1h 4m
Dec 2024
Navigating Benefits with Katrina Thaler
In this episode, we delve into the critical importance of understanding health insurance among young professionals and emphasizing the role of HR in facilitating this knowledge. We explore common challenges faced during open enrollment and provide strategies to overcome them, esp ... Show More
31m 52s
Sep 17
Advancery: Your Ideal Business School Planner
Application and test prep season can feel overwhelming with deadlines, essays, recommendations, and GMAT prep all colliding at once. In this episode of Inside the GMAT, GMAC Zach sits down with Alexis Meares, Manager of New Product Development at GMAC, to unpack what a realistic ... Show More
18m 46s
Oct 2019
Ep 6: How much is your product (and your time) worth?
You choose your hourly rate as a business owner, so how do you calculate the value of your time? Finance journalist and business owner David ‘Kochie’ Koch gets realistic about what you can expect to earn a year and how to price your product based on that. He also breaks down the ... Show More
17m 55s
Jun 2025
Everything you need to know about tax
It’s Bryce’s favourite time of year, tax time! As an investor, it can get confusing, particularly if this is your first financial year investing. This episode is your Tax Time essential listen, covering everything you need to know as an investor. Including: Capital gains tax (Wha ... Show More
28m 21s
Aug 2024
Accounting for the cost of externally marketed software
<p>We kick off our miniseries on software costs. They are accounted for using two different models depending on whether the software is used internally or externally. In this episode we focus on the external use model applicable to software to be sold, leased, or otherwise market ... Show More
39m 35s