By Richard Eisenberg, Next Avenue Editor

College is mighty expensive, of course, with tuition doubling over the past few decades. But what’s the value of a college education in the pandemic, where classes normally taught in person will instead be offered either fully or partly online? That’s the question millions of parents, grandparents and undergrads are facing for the 2020-2021 school year.

As I mentioned on the new episode of the “Friends Talk Money” podcast I co-host (available wherever you get your podcasts as well as embedded below), a Northwestern University student recently told The Wall Street Journal: “Would you pay seventy-five thousand dollars for front-row seats to a Beyonce concert and be satisfied with a livestream instead?”

For families, “having a really honest conversation as a family about what we’re willing to pay for” is now vital.

 (Read all of Next Avenue’s Covid-19 coverage geared toward keeping older

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