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People living in the Northeast are paying nearly twice as much for college because of the schools they choose

college graduation cap and gown New York University graduation ceremony at Yankee Stadium Janet Yellen

Attending college is a cornerstone of the American Dream, but the path to get there looks different for everyone.

A new report from student loan lender Sallie Mae found that families living in the Northeast are more likely than the rest of the US to consider the quality of a university’s academic program when choosing a school, rather than the price tag.

Notably, families in the Northeast spend about 70% more on college than those living in the West, Midwest, and South, borrowing money and using parent contributions at a higher rate to cover the cost.

The typical family in the Northeast read more >>>

Source:: BusinessInsider.Com