More Colleges Charging $50,000-plus a Year

151 colleges demand the big bucks

A growing number of colleges are joining the once-elite club of schools charging more than $50,000 per year.

For the 2012-13 academic year, 151 colleges charged annual tuition, fees, room and board totaling more than $50,000, according to College Board data analyzed by the Chronicle of Higher Education.

That's up from 123 schools last year, 100 schools the year before and only 58 schools the year before that.