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What Does Your College Tuition Actually Pay For?

ÖneClass What Does Your College Tuition Actually Pay For? For every $100 you spend on tuition, $61 goes directly to the costs of your education. $15.81 Salaries $15.58 Hospitals $11.47 Other Instruction $11.66 Research Expenses $9.61 Auxiliary Enterprises $6.25 Other $4.52 Public Service $8.26 Academic Support $8.15 Institutional Support $0.53 Independent Operations $4.75 $3.41 Student Services Grants to Students $15.81 Salaries $15.58 Hospitals College-run hospitals including health care expenses, admin, physical plant Faculty, staff, student employees $11.47 Other Instruction Expenses Academic costs, buildings, facilities $11.66 Research Projects, research centers $9.61 Auxiliary Enterprises Food services, residence halls, student health, faculty housing $6.25 Other $8.26 Academic Support Libraries, teaching clinics, museums, academic admin Taxes, liabilities, depreciation $4.52 Public Service $8.15 Institutional Support Admin, IT, logistics Community service, conferences $4.75 Student Services $0.53 Independent Operations Ex: Federally funded research Admissions, registrar, student activities $3.41 Grants to Students Financial aid amount excluding discounts such as reduced tuition * Public four-year colleges and universities (2017-18) Why Does Private College Cost So Much More? Comparing Average Tuition Costs at Four-year Colleges and Universities Public Private $20,000 $15,000 $10,000 $5,000 $0 Auxiliary Enterprises Academic Support Public Service Grants to Students Hospitals Other Research Salaries and Other Institutional Support Student Services Instruction Expenses Independent Operations At public colleges, increased student tuition now accounts for nearly half of all operating costs. Tuition As a Percentage of Public Higher Education Revenue 50% 40% 30% 20% 2000 2005 2010 2015 ÖneClass Source: https://oneclass.com/blog/featured/180790-what-does-your-college-tuition-actually-pay-for/

What Does Your College Tuition Actually Pay For?

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What exactly are you getting for your college tuition? The answer isn't always clear because your tuition bill is just one large number. There's no clear breakdown for how much is used to keep the lig...

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OneClass

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Education
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