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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.
Due to popular demand, the cost of higher education has grown at a rate faster than inflation between the late 20th and early 21st centuries. [80] Student housing costs have risen faster than even tuition fees. [81] From the 1990s to the 2010s, tuition and fees jumped 440%, as federal loans for students became more generous. [58]
The Sallie Mae survey found that the average family covers 25% of college costs with scholarships and college grants. Scholarships and grants provide funds for college that don't need to be paid back.
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Applying to colleges can be stressful. The outcome of the admission process may affect a student's life and career trajectory considerably. Entrance into top colleges is increasingly competitive, [11] [12] [13] and many students feel immense pressure during their high school years.
Of the more than 100 faculty leaders at public colleges who responded to an online survey conducted by The Chronicle/HuffPost, a majority said they believe college sports benefit all university students. But they were divided about whether students should pay fees to support their college teams.
Students may apply to many institutions using the Common Application. [36] Fees are generally charged for each application but can be waived based on financial need. Students apply to one or more colleges by submitting an application which each college evaluates using its own criteria.
Reporter’s Note. Take Our College Sports Subsidy Data. SUNDAY, NOV. 15, 2015, 8:00 PM EDT