As most parents and plenty of college aged children know, higher education can be crazy expensive. 

The cost for colleges and universities across the country is on the rise, especially (it seems) in Massachusetts.

In a recent report from 247wallst.com, some of the most expensive colleges in the US are right here in the Bay State.

While most people might think sticking closer to home would save them some money on the college front, that clearly depends on where you live.

For Massachusetts residents, getting further away from home might be the best way to pay less. That's because of the 50 Most Expensive Colleges in the country, seven of them are in Massachusetts and another three are right across state lines in Rhode Island.

That 20% of the countries most expensive schools in our small corner of the world.

What Makes a College the 'Most Expensive?'

247wallst.com crunched the numbers for every private, nonprofit college and university in America. They used the annual cost of tuition, books, room and board, minus any financial aid for full-time, first-time bachelor degree-seeking undergraduate students and came up with the average net price per year.

So what are the colleges and universities around Massachusetts and Rhode Island that will set you back the most?

Here's where locals school rank.

Most Expensive Colleges and Universities in Massachusetts and Rhode Island

The cost of college is on the rise and many of the schools around the SouthCoast could set you back by thousands. Here's how Massachusetts and Rhode Island colleges and universities rank among the most expensive in America.

Gallery Credit: Nancy Hall

Most Expensive Colleges and Universities in Massachusetts and Rhode Island

The cost of college is on the rise and many of the schools around the SouthCoast could set you back by thousands. Here's how Massachusetts and Rhode Island colleges and universities rank among the most expensive in America.

Gallery Credit: Nancy Hall

More From WFHN-FM/FUN 107