Covering the business of education and training

Princeton University is the most expensive state of New Jersey.

The price tag is a cool $33,000.

I taught for a graduate school in up-state New York just a few years ago and barely made that much. What would I have done, had my kid wanted to go to Princeton? Give them my whole salary?

Princeton may be the most difficult to get into and the most costly but other schools, Drew University ($32,508) and Stevens Institute of Technology ($31,750) are giving the Ivy school a run for its money...pun intended.

So, how do kids go to these schools? I mean, who pays the school bill?

Drew officials say that 80% of the students get some sort of loan or grant. The last time I checked, loans had to be paid back, too.

New Jersey, to its credit, offers a full county (junior college) scholarship to students who finish in the top 20% of their high school classes.

When those students transfer to a four-year NJ college, the state chips in $4000. Let's see, $33,000-4,000. A student needs only $58,000 more to finishe off two years at Princeton.

Can you afford that?