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The Best Colleges With Tuition Under $20K

GOBankingRates Logo By Alexandria Bova of GOBankingRates | Slide 1 of 53: The class of 2019 was the last of the millennial generation to graduate from college. And while that is something to celebrate, many members of this age group are now saddled with insurmountable student loan debt. Historically, tuition costs have risen 3% every school year; after the Great Recession, state budget cuts caused tuition and fees to skyrocket. State funding in 2018 for two- and four-year colleges was more than $6.6 billion below the 2008 funding, according to the Center on Budget and Policy Priorities. These ever-rising costs make it considerably difficult for students to even enroll in college, let alone graduate. The cost of attending university has grown significantly faster than the average income. Prospective and current students have to rely heavily on financial aid and student loans to shoulder the price. Thankfully, quite a few colleges offer annual in-state tuition at a more reasonable price. GOBankingRates analyzed U.S. News & World Report’s 2020 Best National University Rankings to identify the 52 highest-ranking colleges and universities with 2019-2020 in-state tuition costs below $20,000. This excludes fees associated with housing, dining, transportation and other costs. The study also looks at the four- and six-year graduation rates for students pursuing bachelor’s degrees at these colleges. The colleges are ranked based on the U.S. News & World Report’s list, with No. 1 being the best-ranked school. Many prospective students may not see the Golden State as affordable, but there are nine University of California schools in this study. Nearly a dozen universities are located in the expensive Northeastern region of the country as well. Check out the cost to attend these respected universities that give you more bang for your buck.

The Best Colleges With Tuition Under $20K

The class of 2019 was the last of the millennial generation to graduate from college. And while that is something to celebrate, many members of this age group are now saddled with insurmountable student loan debt.

Historically, tuition costs have risen 3% every school year; after the Great Recession, state budget cuts caused tuition and fees to skyrocket. State funding in 2018 for two- and four-year colleges was more than $6.6 billion below the 2008 funding, according to the Center on Budget and Policy Priorities. These ever-rising costs make it considerably difficult for students to even enroll in college, let alone graduate.

The cost of attending university has grown significantly faster than the average income. Prospective and current students have to rely heavily on financial aid and student loans to shoulder the price. Thankfully, quite a few colleges offer annual in-state tuition at a more reasonable price.

GOBankingRates analyzed U.S. News & World Report’s 2020 Best National University Rankings to identify the 52 highest-ranking colleges and universities with 2019-2020 in-state tuition costs below $20,000. This excludes fees associated with housing, dining, transportation and other costs. The study also looks at the four- and six-year graduation rates for students pursuing bachelor’s degrees at these colleges. The colleges are ranked based on the U.S. News & World Report’s list, with No. 1 being the best-ranked school.

Many prospective students may not see the Golden State as affordable, but there are nine University of California schools in this study. Nearly a dozen universities are located in the expensive Northeastern region of the country as well. Check out the cost to attend these respected universities that give you more bang for your buck.

© gnagel / Getty Images

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