Colleges See A Slowdown In Tuition Price Increases
Career College Central summary:
Average sticker prices at the nation's four-year public universities rose 2.9% this year, the smallest annual increase in more than three decades, suggesting that the steeper increases over the past few years "did not signal a new era of accelerating prices," says a report out Wednesday.
Still, the smaller rates of increase this year — across public, private non-profit and for-profit colleges — are tempered by recent declines in federal grant aid, it says.
The increase in published rates for in-state students at public four-year colleges comes after increases of 4.5% last year and 8.5% the year before, the report says. Tuition this fall averaged $8,893. With estimated grant aid, the net price averaged $3,120. Average published tuition and fees for out-of-state students is $22,203, up 3.1% from last year.
Click through for full article summary.