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A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation. Thus, even after controlling for the effects of general inflation, 2008 college tuition and fees posed three times the burden as in 1978.
College tuition in the United States is one of the costs of a post-secondary education. The total cost of college is called the cost of attendance (or, informally, the "sticker price") and, in addition to tuition, can include room and board and fees for facilities such as books, transportation, or commuting provided by the college.
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The United States Federal Government provides tuition grants to District of Columbia residents through the DC Tuition Assistance Grant (DC TAG) towards the difference in price between in-state and out-of-state tuition at public four-year colleges/universities and private Historically Black Colleges and Universities throughout the U.S., Guam ...