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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.
The National Center for Education Statistics reported that during the 2007–08 school year, 66% of degree recipients borrowed money to complete their degree; 36% of these graduates had to borrow from state or private sources, averaging total loan amounts of $13,900; 95% of these loans were private.
The United States Department of Education published a Structure of US Education in 2008 that differentiated between associate degrees, bachelor's degrees, first professional degrees, master's degrees, intermediate graduate qualifications and research doctorate degrees. [1]
The tuition fee per annum for part-time PhD degrees are typically 50–60% of the equivalent full-time doctorate. [129] However, since the duration of a part-time PhD degree is longer than a full-time degree, the overall cost may be the same or higher. [130] The part-time PhD degree option provides free time in which to earn money for subsistence.
In Canada, the Ed.D. tends to be granted by faculties of education at Universities and is a terminal degree in education. Much like the United States and Great Britain, some universities offer the EdD (Simon Fraser University), while others offer a PhD in education (McGill University, Queen's University, University of Toronto, University of Manitoba, University of New Brunswick), and still ...
College Degree Returns by Average 2011 Annual Out-of-Pocket Costs, from B. Caplan's The Case Against Education First-year U.S. college degree returns for select majors, by type of student Study comparing college revenue per student by tuition and state funding in 2008 dollars [121] The view that higher education is a bubble is debated.
Bridget Terry Long, a professor of education and economics at the Harvard Graduate School of Education, found that “individuals with at least some college education make more money than those with only a high school degree.” [11] Furthermore, Long showed how the non-monetary returns between non-college educated and college educated ...
Depending on the specific field of study, completion of a PhD program usually takes four to eight years of study after the Bachelor's Degree; those students who begin a PhD program with a master's degree may complete their PhD degree a year or two sooner. [9] As PhD programs typically lack the formal structure of undergraduate education or ...
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