Familes Spending Up To 1/3 Of Income On College Education

By Carrie Saldo

Great Barrington, MA – The average family now spends about one-third of its income to educate a child at a private four year college, that's according to a report from the Massachusetts Institute for a New Commonwealth, known as Mass Inc. That same study found a family whose child is educated at a public, four-year, college spends 21 percent of its income to educate that child. With more, WAMC's Berkshire Bureau Chief, Carrie Saldo;