By David Anderson
The cost of a college education is higher than ever—just ask Felicity Huffman and Lori Loughlin. Those two celebrities are among the well-heeled parents caught up in a now-infamous “Operation Varsity Blues” college admissions scandal. You know what this is: The whole nation has been gobbling up news reports about the $25 million scheme for the past week.
Perhaps as an entrepreneur and ordinary civilian, you yourself have felt the pain of getting your son or daughter admitted to college, then figuring out how to pay for it. The latter task is particularly tough: Over the past 10 years, the average price for tuition and fees at four-year private colleges and universities has jumped to $34,740 a year, up more than $7,000, according to statistics from the College Board.
