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Tuition costs of colleges and universities

Question:
What are the trends in the cost of college education?

Response:
For the 2010–11 academic year, annual current dollar prices for undergraduate tuition, room, and board were estimated to be $13,600 at public institutions, $36,300 at private not-for-profit institutions, and $23,500 at private for-profit institutions. Between 2000–01 and 2010–11, prices for undergraduate tuition, room, and board at public institutions rose 42 percent, and prices at private not-for-profit institutions rose 31 percent, after adjustment for inflation. The inflation-adjusted price for undergraduate tuition, room, and board at private for-profit institutions was 5 percent higher in 2010–11 than in 2000–01.

SOURCE:U.S. Department of Education, National Center for Education Statistics. (2012). Digest of Education Statistics, 2011 (NCES 2012-001), Chapter 3 .

Total tuition, room and board rates charged for full-time undergraduate students in degree-granting institutions, by type and control of institution: Selected years, 1980–81 to 2010–11
Year and control of institution Constant 2009–10 dollars1 Current dollars
All institutions 4-year institutions 2-year institutions All institutions 4-year institutions 2-year institutions
All institutions
1980–81 $7,759 $8,756 $5,580 $3,101 $3,499 $2,230
1990–91 10,620 12,303 6,361 6,562 7,602 3,930
2000–01 13,393 15,996 6,766 10,820 12,922 5,466
2001–02 13,842 16,589 6,955 11,380 13,639 5,718
2002–03 14,298 17,185 7,441 12,014 14,439 6,252
2003–04 15,086 18,059 7,809 12,953 15,505 6,705
2004–05 15,595 18,666 8,022 13,793 16,510 7,095
2005–06 15,939 19,007 7,881 14,634 17,451 7,236
2006–07 16,438 19,611 7,926 15,483 18,471 7,466
2007–08 16,617 19,823 7,819 16,231 19,363 7,637
2008–09 17,257 20,606 8,318 17,092 20,409 8,238
2009–10 17,649 21,093 8,533 17,649 21,093 8,533
2010–11 18,133 21,657 8,734 18,497 22,092 8,909
Public institutions
1980–81 $5,938 $6,381 $5,072 $2,373 $2,550 $2,027
1990–91 7,699 8,485 5,612 4,757 5,243 3,467
2000–01 9,390 10,711 5,990 7,586 8,653 4,839
2001–02 9,757 11,185 6,249 8,022 9,196 5,137
2002–03 10,118 11,648 6,666 8,502 9,787 5,601
2003–04 10,769 12,432 7,002 9,247 10,674 6,012
2004–05 11,153 12,918 7,208 9,864 11,426 6,375
2005–06 11,386 13,188 7,071 10,454 12,108 6,492
2006–07 11,731 13,587 7,235 11,049 12,797 6,815
2007–08 11,848 13,748 7,141 11,573 13,429 6,975
2008–09 12,375 14,400 7,641 12,256 14,262 7,568
2009–10 12,804 15,014 7,703 12,804 15,014 7,703
2010–11 13,297 15,605 7,925 13,564 15,918 8,085
Private not-for-profit and for-profit institutions
1980–81 $13,686 $13,995 $10,766 $5,470 $5,594 $4,303
1990–91 20,894 21,423 15,055 12,910 13,237 9,302
2000–01 26,456 27,054 18,453 21,373 21,856 14,907
2001–02 27,261 27, 848 19,248 22,413 22,896 15,825
2002–03 22,778 28,310 21,129 23,340 23,787 17,753
2003–04 28,679 29,198 22,779 24,624 25,070 19,558
2004–05 29,189 29,690 22,949 25,817 26,260 20,297
2005–06 29,307 29,770 23,312 26,908 27,333 21,404
2006–07 30,194 30,703 21,535 28,439 28,919 20,284
2007–08 30,475 30,945 22,200 29,767 30,226 21,685
2008–09 31,102 31,576 22,946 30,804 31,273 22,726
2009–10 31,023 31,488 24,483 31,023 31,488 24,483
2010–11 31,395 31,975 23,401 32,026 32,617 23,871

1Constant dollars based on the Consumer Price Index, prepared by the Bureau of Labor Statistics, U.S. Department of Labor, adjusted to a school-year basis.

NOTE: Data are for the entire academic year and are average total charges for full-time attendance. Tuition and fees were weighted by the number of full-time-equivalent undergarduates, but were not adjusted to reflect student residency. Room and board were based on full-time students. Data through 1995-96 are for institutions of higher education, while later data are for degree-granting institutions. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. The degree-granting classification is very similar to the earlier higher education classification, but it includes more 2-year colleges and excludes a few higher education institutions that did not grant degrees.

SOURCE: U.S. Department of Education, National Center for Education Statistics. (2012). Digest of Education Statistics, 2011 (NCES 2012-001), Table 349.

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