College Tuition Continues To Rise; Average Private Tuition Hits $27,293

Ayinde O. Chase – AHN News Editor

Washington, D.C., United States (AHN) – The annual “Trends in College Pricing” survey has found that U.S. students and families faced an average 7.9 percent jump in in-state tuition and fees at public four-year colleges and universities in 2010-11.

Published tuition and fees at public four-year colleges and universities have increased at an average annual rate of 5.6 percent beyond inflation over the past 10 years, compared to 2.7 percent at public two-year colleges and 3.0 percent at private nonprofit four-year institutions.

“An economic downturn, tuition increases and stagnant incomes have converged to squeeze both American families as they try to send children to college and older students who are seeking more education to improve their job opportunities,” said College Board President Gaston Caperton. “The silver lining is that record federal aid in the form of Pell Grants and tax credits is helping to make a college education more affordable.”

The average price of tuition and fees for in-state students at public four-year institutions is $7,605 in 2010-11, a jump of $555 from the previous year. At private nonprofit four-year colleges and universities, the average price is $27,293, which represents an increase of 4.5 percent, or $1,164. Published tuition and fees at public two-year colleges increased by $155 (6.0 percent) to $2,713 and for-profit institutions charge an average of $13,935, $679 (5.1 percent) more in 2010-11 than the year before.

“While we’re encouraged by significant increases in financial aid, under the current economic conditions, too many students and families are still struggling to pay for college,” said Sandy Baum, independent policy analyst for the College Board and co-author of the 2010 Trends in Higher Education Series.

Increases in grant aid and tax credits don’t benefit all students, but they are providing a financial boost for millions of families and students. Full-time undergraduate enrollment increased from 12.7 in 2008-09 to 13.5 million in 2009-10.

Article © AHN – All Rights Reserved

View full post on Education Stories

Both comments and pings are currently closed.




You may also be Interested:
  • How Do I Apply for Scholarships?

    Finding a scholarship that suits your requirements and for which you are eligible can be a time-consuming and difficult process. Unfortunately, many students spend hours and hours finding a scholarship yet fail to put an equal amount of effort into their application. The application is by far the most important part of your scholarship search; [...]



  • Education gets highest allocation in 2011 Philippine budget

    Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – Philippine President Benigno Aquino III signed Monday the $36.4 billion (PHP 1.6 trillion) national budget for 2011. The biggest allocation went to education, followed by national defense and public works and highways. It was the first time since 1999 that the Philippine budget was [...]



  • A New Way to Fund College Education Through Free College Scholarships

    American students are being given opportunity to apply for scholarships every year at no cost. Many students have avail themselves with these free grants in order to fulfill their academic pursuit. Your job is to ask, take a step to apply to different organization and you will be amazed with Thousands of American student are [...]



  • Al Shabaab orders Somali school to pay monthly “contribution”

    Shafi’i Abokar – AHN News AHN Correspondent Mogadishu, Somalia (AHN) – Al Shabaab militants, the al Qaeda proxy in Somalia, have ordered Somali teachers and their school children to pay a monthly contribution to help finance the group’s combat operations against the United Nations-backed government and African Union peacekeepers in the capital. During a meeting [...]



  • How To Extend The Use Of Your Computer With Extra Programs

    When you bought your personal computer, it came loaded with a selection of software.  Each of these contains a number of programs that allow you to perform a range of functions, such as word processing and spreadsheet work.  The software that comes with your computer is known as bundled software.    Although this bundled software allows [...]



Leave a Reply

*

Powered by Yahoo! Answers