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Tuition costs of colleges and universities

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

Response:

Average tuition and fees were higher in academic year 2020–21 than in academic year 2010–11 for first-time, full-time undergraduate students1 at public,2 private nonprofit, and private for-profit 4-year institutions (in constant 2020–21 dollars). At public 4-year institutions, average tuition and fees were $9,400 in 2020–21, about 10 percent higher than they were in 2010–11 ($8,500).3 At private nonprofit 4-year institutions, average tuition and fees were $37,600 in 2020–21, about 19 percent higher than they were in 2010–11 ($31,700). At private for-profit 4-year institutions, average tuition and fees were $18,200 in 2020–21, about 1 percent higher than they were in 2010–11 ($18,100).


Average tuition and fees of degree-granting institutions for first-time, full-time undergraduate students, by level and control of institution: Academic years 2010–11 and 2020–21

The data in this figure is described in the surrounding text.

NOTE: Data are for the 50 states and the District of Columbia. Tuition and fees at public institutions are the lower of either in-district or in-state tuition and fees. Excludes students who previously attended another postsecondary institution or who began their studies on a part-time basis. Data are weighted by the number of students at the institution who were awarded Title IV aid. Title IV aid includes grant aid, work-study aid, and loan aid. Constant dollars are based on the Consumer Price Index, prepared by the Bureau of Labor Statistics, U.S. Department of Labor, adjusted to an academic-year basis.


At 2-year institutions, average tuition and fees were higher in 2020–21 than in 2010–11 for public and private nonprofit institutions, but lower for private for-profit institutions (in constant 2020–21 dollars). Specifically, average tuition and fees were 18 percent higher in academic year 2020–21 than in academic year 2010–11 at public 2-year institutions ($3,900 vs. $3,300) and 9 percent higher in 2020–21 than in 2010–11 at private nonprofit 2-year institutions ($18,000 vs. $16,500). In contrast, average tuition and fees were 5 percent lower in 2020–21 than in 2010–11 at private for-profit 2-year institutions ($15,800 vs. $16,600).

1 Includes only students who are seeking a degree or certificate.
2 Data for public institutions only include students who paid the in-district or in-state tuition and fees.
3 Data in this Fast Fact represent the 50 states and the District of Columbia.

SOURCE: National Center for Education Statistics. (2022). Price of Attending an Undergraduate Institution. Condition of Education. U.S. Department of Education, Institute of Education Sciences. Retrieved July 20, 2022, from https://nces.ed.gov/programs/coe/indicator/cua.

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