From a story on cnn.com by Nicole Goodkind headlined “Some colleges cost $95,000 per year, and they’re only getting more expensive”:

The average American saved $5,011 last year. That means it would take them about 75 years to save up enough cash to send one child to a top-rated US university.

College is really expensive. And it just keeps getting more expensive.

The average tuition at US private colleges grew by about 4% last year to just under $40,000 per year, according to data collected by US News & World Report. For a public in-state school, that cost was $10,500.