The Skyrocketing Costs of Attending College

My colleagues over at The Choice are soliciting comments on a new College Board report. The report found that the the average published (sticker price) annual cost of tuition and fees at four-year public colleges rose 6.5 percent from last year, to $7,020. Tuition rose across the board at other education institutions, too.

To put this in perspective, we’ve (surprise!) whipped up some charts using these new numbers.

First, here’s a look at the rising tuition and fees required for attending college, adjusted for inflation. Remember: These are sticker prices, not the prices that students necessarily end up paying.

And here’s a breakdown of a student’s typical education budget when attending different types of institutions:

Source: Annual Survey of Colleges 2009. Copyright (c) 2009 The College Board. This material may not be copied, published, rewritten or redistributed without permission.

As you can see, the biggest variation is in the cost of tuition and fees. The other cost categories — like books and supplies, and transportation — vary much less among the different types of institutions.

And finally, here’s a state-by-state breakdown of tuition costs by type of institution:

Anyone know what’s going on with community colleges in Vermont and New Hampshire? Are the public subsidies for two-year programs a lot lower there than in other states?

E-mail This Print Share Close Linkedin Digg Facebook Mixx My Space new_york_times:http://economix.blogs.nytimes.com/2009/10/20/the-skyrocketing-costs-of-attending-college/ Permalink colleges and universities, higher education, map, The College Board, tuition Related Posts From Economix When State Universities Lose State Support U.S. News College Rankings: Yes, They MatterReader Response: Using Pell Grants to Estimate a School’s ‘Economic Diversity’The Value of CollegePoor Students at Rich Colleges Previous post What We're Reading ... 1 Comment 1. October 20, 2009 7:51 pm Link

Never was one for applying for scholarships, just didn’t feel right to me. Felt like a politician. But I say unto to thee, one quarter at a private school cost me the equivalent of seven at a public one.

— Walter G Add your comments...

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