What is the average cost of a college education?
SURVEYSEZ!
The average cost per year for a Public In-State College was $20,339 for 2010/2011; therefore, four years of college would cost in excess of $81,000!
SOURCE:
- From The College Board "Trends in College Pricing 2010" report, Average Estimated Undergraduate Budgets, 2010/2011*:
*Note: Includes Tuition and Fees, Room and Board, Books and Supplies, Transportation and Other Expenses
- Public Four-Year In-State On-Campus: $20,339
- Public Four-Year Out-of-State On-Campus: $32,329
- Private Not-for-Profit Four-Year On-Campus: $40,476
- Tuition and Fees alone:
- Public Four-Year: $7,605
- Private Four-Year: $27,293
- Room and Board alone:
- Public Four-Year: $8,535
- Private Four-Year: $9,700
- Total Average Published Charges (Tuition and Fees plus Room and Board):
- Public Four-Year, In-State: $16,140
- Public Four-Year Out-of-State: $28,130
- Private Four-Year: $36,993
INTERESTING FACTS:
- According to The College Board "Trends in College Pricing 2010" report data:
- The average cost (Tuition and Fees plus Room and Board) of attending a Public Out-of-State College is 74% higher than attending a Public In-State College: $28,130 vs. $16,140 – $11,990 more.
- The average cost of attending a Private Four-Year College is 129% higher than attending a Public In-State College: $36,993 vs. $16,140 or $20,853 more – well over twice as much!
- The average cost of tuition and fees plus room and board for state colleges increased about 6% from 2009/2010 to 2010/2011, while the average cost of tuition and fees plus room and board for private colleges increased about 4%:
- Public Four-Year In-State: up 6.1%
- Public Four-Year Out-of-State: up 5.6%
- Private Nonprofit Four-Year: 4.3%
- From www.todayforward:
- The cost benefit relationship of a college education continues to erode as the costs associated with obtaining a degree climb at rates well above general inflation.
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Last Updated on Wednesday, 12 January 2011 14:41 |