
Question:
What are the trends in the cost of college education?
Response:
For the 200708 academic year, annual prices for undergraduate tuition, room, and board were estimated to be $11,578 at public institutions and $29,915 at private institutions. Between 199798 and 200708, prices for undergraduate tuition, room, and board at public institutions rose by 30 percent, and prices at private institutions rose by 23 percent, after adjustment for inflation.
| Average undergraduate tuition and fees and room and board rates charged for full-time students in degree-granting institutions, by type and control of institution: Selected years, 1980-81 to 2007-08 | |||
| Year and control of institution | All institutions | 4-year institutions | 2-year institutions |
| All institutions | |||
| 198081 | $3,101 | $3,499 | $2,230 |
| 199091 | 6,562 | 7,602 | 3,930 |
| 200001 | 10,818 | 12,922 | 5,460 |
| 200102 | 11,380 | 13,639 | 5,718 |
| 200203 | 12,014 | 14,439 | 6,252 |
| 200304 | 12,953 | 15,505 | 6,705 |
| 200405 | 13,792 | 16,509 | 7,086 |
| 200506 | 14,629 | 17,447 | 7,231 |
| 200607 | 15,483 | 18,471 | 7,466 |
| 2007081 | 16,245 | 19,362 | 7,645 |
| Public institutions | |||
| 198081 | $2,373 | $2,550 | $2,027 |
| 199091 | 4,757 | 5,243 | 3,467 |
| 200001 | 7,586 | 8,653 | 4,839 |
| 200102 | 8,022 | 9,196 | 5,137 |
| 200203 | 8,502 | 9,787 | 5,601 |
| 200304 | 9,247 | 10,674 | 6,012 |
| 200405 | 9,864 | 11,426 | 6,375 |
| 200506 | 10,454 | 12,108 | 6,492 | 200607 | 11,049 | 12,797 | 6,815 | 2007081 | 11,578 | 13,424 | 6,966 |
| Private institutions2 | |||
| 198081 | $5,470 | $5,594 | $4,303 |
| 199091 | 12,910 | 13,237 | 9,302 |
| 200001 | 21,368 | 21,856 | 14,788 |
| 200102 | 22,413 | 22,896 | 15,825 |
| 200203 | 23,340 | 23,787 | 17,753 |
| 200304 | 24,624 | 25,069 | 19,558 |
| 200405 | 25,810 | 26,257 | 20,093 |
| 200506 | 26,889 | 27,317 | 21,170 | 200607 | 28,439 | 28,919 | 20,284 | 2007081 | 29,915 | 30,393 | 21,712 |
1Preliminary data based on fall 2006 enrollment weights.
2Because of their low response rate, data for private 2-year colleges must be interpreted with caution.
NOTE: Data are for the entire academic year and are average total charges for full-time attendance.
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2009). Digest of Education Statistics, 2008 (NCES 2009-020), Table 331.
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