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a year for undergrad. . It’s gone up a bit in the last ten years, but not by much. It’s way less money than most can borrow to pay for a car.

Of course, parents can take out Parent Plus loans. Or a student can take out private loans with an co-signer. But those have nothing to do with the Federal student loan program. Students can take out more for graduate school loans.

Most students, except the ones from very wealthy families, do not pay anywhere close to the list price of colleges. Even the very wealthy get merit aid at many colleges, except at the elite of the elite, which don’t give merit aid. They elite schools do, however, all have extremely generous institutional grants, offered to students with parents whose income can be $200k/year. But you have to be able to get in, which is the hard part.

In NYS tuition at SUNY is free for those with incomes under $150/yr (I think that is what it is now)and there are so many campuses, most students live near one the can commute to, saving thousands in room and board costs.

You just have to promise to work in NYS for at least 5 years after graduating.