Not even that. Someone who is 50 now would have gone to MIT/Harvard/Stanford in the early-mid '90's. Tuition was not that high in those times, maybe $25k/year.
Here's a quote from MIT [1]
>Nine months' tuition for 1994-95 is $20,100. In addition, undergraduate room and board ranges from $4,530 to $6,075, with a standard of $5,975; actual costs depend on the student's housing and dining arrangements. Books, materials and personal expenses (including clothes, laundry, recreation and optional medical insurance, but excluding travel) are approximately $2,325.
Here's a quote from MIT [1]
[1] http://web.mit.edu/resdev/www/facts95.html#Tuition%20