As tuition and cost of living climb in Colorado, families look out-of-state

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As tuition and cost of living climb in Colorado, families look out-of-state
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Rob Harris is excited to be returning to his home state and telling stories with the Denver7 team! Having grown up in Fort Collins, he loves the people, places and adventures that Colorado offers.

DENVER — As the costs to learn and live in Colorado continue to climb, many college-bound students and their families are finding that the most affordable options are farther away from home.

“That was a big eye-opener for us,” said father Lucas Llado. “Colorado — everybody wants to live here or come spend time here. So demand is really high. Schools are, you know, fees are crazy.” When room and board are factored in, Colorado’s higher cost of living puts many states even further ahead.Denver7 spoke to Claire Frey, owner of Cadeau College Planning in Lone Tree, about the rising costs of college. Having made a career out of helping Colorado families make the best educational choices with their goals and budgets — including the Llado family — she has tracked a growing number of clients who received better financial offers away from home.

“Private schools are privately funded,” Frey said. “They have huge endowments and a ton of flexibility as to how they do their discounting and allocate aid.”

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