Number of the Day: $13,370

June 14, 2012 | Number of The Day

The Class of 2012 graduates better prepare for sticker shock over looming tuition and related fees. Those attending a NJ public school will pay among the highest in the nation to stay in state. The New Jersey Institute of Technology, with a $13,370
price tag, ranks seventh in the nation among public schools (4 years or above) with the highest tuition.

Other NJ schools also make the highest price list, according to the U.S. Department of Education, which just updated its College Affordability and Transparency Center. The College of New Jersey ranks eighth with tuition at $13,293, more than double the national average of $6,669. Pennsylvania State University-Main Campus is No. 1 at $15,250.

Rutgers University, New Brunswick, also rates among the leaders, with tuition at $12,582. At Rutgers-Camden it costs $12,364, placing the universities 30th and 33rd respectively.

In case you’re wondering, none of New Jersey’s public schools made the least expensive list. But Haskell Indian Nations University in Kansas seems to be a bargain. It costs just $430.

“We want to arm students and parents with the information they need to make smart educational choices,” said U.S. Secretary of Education Arne Duncan. “Students need to know up front how much college will actually cost them instead of waiting to find out when the first student loan bill arrives. These lists are a major step forward in unraveling the mystery of higher education pricing.”