The College Collage

THE COLLEGE COLLAGE II ANNUAL COST OF EDUCATION $30,000 I TUITION & FEES I ROOM/BOARD O BOOKS I PERSONAL EXPENSES/TRANS $20,000 $10,000 PRIVATE PUBLIC PUBLIC COMMUNITY UNIVERSITY (IN-STATE) UNIVERSITY UNIVERSITY (OUT-OF-STATE) COLLEGE (TECHNICAL SCHOOL) Private University Tuition & Fees: $28,500 Room & Board: $10,089 Books: $1,213 Personal Expenses/Trans: N/A Public University (out-of-state) Tuition & Fees: $20,770 Room, Board: $8,887 Books: $1,168 Personal Expenses/Trans: $3,148 Public University (in-state) Tuition & Fees: $8,240 Room, Board: $8,887 Books: $1,168 Personal Expenses/Trans: $3,148 Community College /Technical School Tuition & Fees: $2,963 Room, Board: $10,930 Books: $1,393 FINANCIAL RETURN ON EDUCATION INVESTMENT $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 ASSOCIATE'S DEGREE BACHELOR'S DEGREE HIGH SCHOOL DIPLOMA 5-YEAR 5-YEAR LIFETIME AVERAGE LOW HIGH AVERAGE AVERAGE BACHELOR'S DEGREE HOLDERS EARN AN AVERAGE OF $800,000 MORE THAN THOSE WITH ONLY DIPLOMAS IN THEIR LIFETIMES PERCENT OF AMERICANS WITH BACHELOR DEGREES 2010s 30% 1982 1940 20% <10% PERCENT OF HOUSEHOLDS LIVING BELOW THE POVERTY LINE HIGH SCHOOL 10.8% ASSOCIATE'S 6.2% BACHELOR'S 3.6% SOURCES: http://www.collegeboard.com/prod_downloads/about/news_info/trends/ed_pays_2007.pdf http://money.cnn.com/2011/10/26/pf/college/college_tuition_cost/index.htm https://bigfuture.collegeboard.org/pay-for-college/college-costs/quick-guide-college-costs http://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleld=10064 http://diplomaguide.com/articles/Clinical_Statistician_Career_Summary.html