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What Does College Tuition Money Pay For?

The average cost of tuition and room and board at a four-year private university in the U.S. has risen to $39,518 annually. Here is a breakdown of where that money goes:

$250: Omnipresent collegiate scent

$40: Ream of diploma paper

$2,543: Laundry facilities capable of handling constant, round-the-clock loads of pajama pants

$25: Credit check

$5,000: Morgan Spurlock appearance fee

$0.15: Student mental health services

$4.40: You think all those comedy hypnotists are stopping by out of the kindness of their hearts?

$250: Quills

$8,000: Standard wasted money fee

$29,000: Big tall clock that goes “ding”