I'm sorry that I don't have the actual, concrete numbers in front of me but the 16-17 tuition at UConn goes something like this.
$37,500 tuitoin
$1,500 professional school fee
$4,000ish or so for instrument kit purchase (a one time expense)
$1000ish or so on other stuff.
Without living expenses one year is about $45,000 for the sake of the argument, in-state. New England regional tuition is somewhere in the $40's, and out of region is $57,ooo or something roughly in that area. Remember everybody pays in-state the last three years.
I am lucky enough to not be paying rent, and I'm borrowing $400 per month for food/gas/cat food/in case my car needs a repairs/life etc. Rents are typically $500-$700 a month. Let's use $600 for a $1,000 per month total. That's $12,000 living, $45,000 everything else, or $57,000 per year for in-state, or each of your last three years. Say for the sake of the argument your first year costs you $80,000, and the subsequent years cost you around $60,000.
That comes out to $260,000. I could be off in my estimates of what all the real numbers are, and once I find them again and have them in front of me I'll update you, but the point of the matter is that there isn't really anyone who lives wisely who graduates with over $300,000 in debt from UConn. This will not be true in about 5 years due to tuition increases, but other schools will have increased too and it will still be a bargain. I don't really see how even an out of stater would have to borrow $90,000 for their first year.
If you have any other questions feel free to fire away.
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