Tuition costs of colleges and universities

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

Response:

For the 2012–13 academic year, annual current dollar prices for undergraduate tuition, room, and board were estimated to be $15,022 at public institutions, $39,173 at private nonprofit institutions, and $23,158 at private for-profit institutions. Between 2002–03 and 2012–13, prices for undergraduate tuition, room, and board at public institutions rose 39 percent, and prices at private nonprofit institutions rose 27 percent, after adjustment for inflation. The price for undergraduate tuition, room, and board at private for-profit institutions decreased 7 percent between 2002–03 and 2012–13, after adjustment for inflation.

SOURCE: U.S. Department of Education, National Center for Education Statistics. (2015). Digest of Education Statistics, 2013 (NCES 2015-011), Chapter 3.

Average total tuition, fees, room and board rates charged for full-time undergraduate students in degree-granting institutions, by type and control of institution: Selected years, 1982–83 to 2012–13
Year and control
of institution
Constant 2012–13 dollars1 Current dollars
All
institutions
4-year
institutions
2-year
institutions
All
institutions
4-year
institutions
2-year
institutions
All institutions
1982–83 $9,138 $10,385 $6,396 $3,877 $4,406 $2,713
1992–93 12,097 14,216 6,830 7,452 8,758 4,207
2001–02 14,775 17,708 7,424 11,380 13,639 5,718
2002–03 15,262 18,344 7,943 12,014 14,439 6,252
2003–04 16,104 19,276 8,336 12,953 15,505 6,705
2004–05 16,647 19,925 8,563 13,793 16,510 7,095
2005–06 17,014 20,289 8,412 14,634 17,451 7,236
2006–07 17,547 20,934 8,461 15,483 18,471 7,466
2007–08 17,737 21,160 8,346 16,231 19,363 7,637
2008–09 18,421 21,996 8,879 17,092 20,409 8,238
2009–10 18,839 22,515 9,109 17,649 21,093 8,533
2010–11 19,355 23,118 9,323 18,497 22,092 8,909
2011–12 19,741 23,409 9,461 19,418 23,025 9,306
2012–13 20,234 23,872 9,574 20,234 23,872 9,574
Public institutions
1982–83 $6,941 $7,534 $5,632 $2,945 $3,196 $2,390
1992–93 8,731 9,772 6,166 5,379 6,020 3,799
2001–02 10,415 11,940 6,670 8,022 9,196 5,137
2002–03 10,800 12,434 7,116 8,502 9,787 5,601
2003–04 11,496 13,270 7,474 9,247 10,674 6,012
2004–05 11,905 13,790 7,694 9,864 11,426 6,375
2005–06 12,154 14,077 7,547 10,454 12,108 6,492
2006–07 12,522 14,503 7,723 11,049 12,797 6,815
2007–08 12,647 14,675 7,623 11,573 13,429 6,975
2008–09 13,209 15,371 8,156 12,256 14,262 7,568
2009–10 13,667 16,027 8,223 12,804 15,014 7,703
2010–11 14,194 16,657 8,460 13,564 15,918 8,085
2011–12 14,616 17,084 8,715 14,377 16,805 8,572
2012–13 15,022 17,474 8,928 15,022 17,474 8,928
Private nonprofit and for-profit institutions
1982–83 $16,311 $16,797 $12,644 $6,920 $7,126 $5,364
1992–93 23,754 24,364 16,076 14,634 15,009 9,903
2001–02 29,100 29,727 20,547 22,413 22,896 15,825
2002–03 29,652 30,220 22,554 23,340 23,787 17,753
2003–04 30,613 31,167 24,315 24,624 25,070 19,558
2004–05 31,158 31,693 24,497 25,817 26,260 20,297
2005–06 31,284 31,778 24,885 26,908 27,333 21,404
2006–07 32,231 32,774 22,988 28,439 28,919 20,284
2007–08 32,530 33,032 23,698 29,767 30,226 21,685
2008–09 33,199 33,706 24,494 30,804 31,273 22,726
2009–10 33,116 33,612 26,134 31,023 31,488 24,483
2010–11 33,513 34,131 24,979 32,026 32,617 23,871
2011–12 33,608 34,234 24,049 33,058 33,674 23,655
2012–13 34,483 35,074 23,328 34,483 35,074 23,328

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 (2015). Digest of Education Statistics, 2013 (NCES 2015-011), Table 330.10.

Related Tables and Figures:  (Listed by Release Date)

Other Resources:  (Listed by Release Date)