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The following graph shows the inflation rates of general costs of living (for urban consumers; the CPI-U), medical costs (medical costs component of the consumer price index (CPI)), and college and tuition and fees for private four-year colleges (from College Board data) from 1978 to 2008. All rates are computed relative to 1978.
Tuition for the typical public four-year college was roughly $22,000 annually during the 2022-23 academic year, while private nonprofit four-year colleges cost $53,000 per year, according to the ...
Public two-year colleges showed the lowest 10-year change in tuition fees. For the school year 2020-2021, public two-year college tuition and fees were $3,770, only a meager $510 higher than it ...
The sticker price for a college education can be quite shocking. In 2020-21, the cost of tuition and fees for a full-time student at a public four-year in-state school was $10,560, according to the...
Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52] In the 2012 fiscal year, state and local financing declined to $81.2 billion, a drop in funding compared to record-high funding in 2008 of $88 billion in a pre-recession economy.
Typical costs for attending college in the US, 2023–2024 school year [5] Tuition and fees Housing and food Community college $3,990 $9,970 In-state students $11,260 $12,770 Out-of-state students $29,150 $12,770 Private colleges $41,540 $14,650
A college student in 1980 could attend a four-year college for about $10,000 per year, according to the National Center for Education Statistics. By 2019-20, the total price increased to over $33,000.
For example, in 2011–2012, the average sticker price for tuition, fees and living expenses at private colleges, was $38,590 while the average actual cost was $23,060; at public colleges, the average sticker price was $17,130 and the average actual cost was $11,380. [59]
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