College Tuition Increase

SPiggy Bank handle the SINCREASE College tuition prices are still on the rise in the 2011-2012 school year. PUBLIC SCHOOLS Nationally, public schools have raised their tuition and fees by 8.3% for in state schoot. This occured in just one academic schod year, from the 2010- 2011 acodemic school year to the 2011-2012 ocademic school yeor. The of students taught by non-tenure track. professors-adjuncts, teaching assistants continues to rise. This causes INCREASED university spending which in furn COuses an INCREASE Oin student tulttion. $8,244 Out-of-state tuition has increased as wel, obout 5.7% making the cast for one year $20.770. Tuition & Fees Increases Averoge published tuilion & lees for uncergraduates. $20, 770 2011-12 Costs 2010-2011 Costs % Change Across the board. the average tuition to attend a four-year university has rose tremendously. Between the years of 2008 ond 2010, four year public tuiton has rose 15%. This drastic increase is caused by state budget cuts, where states like Georgio, Arizona, and Colfor- nia have hod even larger increases Those states have shown an increase in pubic universities at about 40% and Public 2-Year In-State $2.963 $2,727 8.7 Public 4-Year In-Slate $8,244 $7.613 8.3 Public 4-Year Out- al- State $20,770 $19,648 5.7 more. Source: Ihe Colege Boord Private Schools Private schools increased their tuition and fees by a total of 4.4% This makes the average total tuition, including room and board, a whopping $38.589 per yeari Even without including room and board. private institutions stil at an overage cost of $28.500 per school year. Con your piggy bonk batfle that? Tuition & Fees Increases Averoge published tuilion & fees for undergroduates. Harvard University used to have one of the highest tuitions for ivy league private universities. but now it stands os one of the more offordolble ones. Incoming treshman ore paying on average of $18, 277. 2011-12 Cosh 2010-2011 Costs % Change Private non- prof 4-year $28.500 $27.265 4.5 Privale Full Sail University For-profit $14,487 $14,040 3.2 $43,990TER even scholorships & grant money. Source: The Colege Boord Only $3,000 per year on average even AFTER 8,7% COMMUNITYcollege increase With there being on increose in federal gronts ond tax benefits. morny students attending community college hod their tuion tuly covered. How con you beat thot price? President Obomo hos oka had MONEY create a colculator for families, so they con see the estimoted cost of different types of schools. This woy they con see which school they can affora. The costs that the colculolor shows are placed in income bands of $0-30,000 per yeor. $048,000 a year, $48-75,000 a year $75- 110.000 a year, and obove $100.000 o yeor. Thies helps you decide which college is rghi for your budget. KEEPING money in YOUR pocket. $$ 8.3% In-State 5.7% Out-of-State go public? 4.4%