Tuesday, December 08, 2020

Tuition costs of colleges and universities

See the link below for more details.


https://nces.ed.gov/fastfacts/display.asp?id=76

Question:
What are the trends in the cost of college education?

Response:

For the 2017–18 academic year, annual current dollar prices for undergraduate tuition, fees, room, and board were estimated to be $17,797 at public institutions, $46,014 at private nonprofit institutions, and $26,261 at private for-profit institutions. Between 2007–08 and 2017–18, prices for undergraduate tuition, fees, room, and board at public institutions rose 31 percent, and prices at private nonprofit institutions rose 23 percent, after adjustment for inflation. The price for undergraduate tuition, fees, room, and board at private for-profit institutions decreased 9 percent between 2007–08 and 2017–18, after adjustment for inflation.


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Average total tuition, fees, room and board rates charged for full-time undergraduate students in public 4-year degree-granting institutions, in constant 2017–18 dollars

1985–86 : $8,798

2017–18 : $20,050


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