WASHINGTON (AP) - Time to stock up on the ramen noodles. The average cost of attending college crept up again this year, the College Board said Thursday.
The average sticker price, with room and board included, for undergraduate students attending a four-year college or university in their home state was $18,943. Out-of-state students at those schools paid, on average, $32,762. At two-year public schools, in-state students paid an average $11,052.
The cost to attend a private, four-year nonprofit college: $42,419, on average, including housing and meal plan.
For-profit schools cost about $15,230, but housing figures weren't available.
Books and transportation costs can add more than $2,000 to the cost of attending college, and that rises even more for commuters.
The highest rate of increase of 3.7 percent was among private, nonprofit colleges. And even though the increases across higher education outpaced inflation, the rates of increase were lower than those students saw five, 10 or 30 years ago, the College Board said.
When adjusted for inflation, students are paying more than triple what students paid 30 years ago to attend a public, four-year institution and about 2.5 times more to attend a private nonprofit or two-year public one.
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http://www.wmcactionnews5.com/story/27371579/college-prices-continue-to-creep-up
The average sticker price, with room and board included, for undergraduate students attending a four-year college or university in their home state was $18,943. Out-of-state students at those schools paid, on average, $32,762. At two-year public schools, in-state students paid an average $11,052.
The cost to attend a private, four-year nonprofit college: $42,419, on average, including housing and meal plan.
For-profit schools cost about $15,230, but housing figures weren't available.
Books and transportation costs can add more than $2,000 to the cost of attending college, and that rises even more for commuters.
The highest rate of increase of 3.7 percent was among private, nonprofit colleges. And even though the increases across higher education outpaced inflation, the rates of increase were lower than those students saw five, 10 or 30 years ago, the College Board said.
When adjusted for inflation, students are paying more than triple what students paid 30 years ago to attend a public, four-year institution and about 2.5 times more to attend a private nonprofit or two-year public one.
Read the rest here...
http://www.wmcactionnews5.com/story/27371579/college-prices-continue-to-creep-up
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