Indicator 24: College Costs

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Table 24. Average net college price and average net tuition and fees (in 1999 constant dollars) for dependent full-time, full-year undergraduates, by type of institution and family income: 1989–90 and 1999–2000
	Average net price		Average net tuition
College type and quartile	1989–90	1999–2000	1989–90	1999–2000
Public 4-year
Total	$8,900	$10,500	$2,100	$2,900
Lowest quartile	7,000	7,800	1,000	1,300
Lower middle quartile	8,600	10,200	2,000	2,600
Upper middle quartile	9,300	11,500	2,400	3,500
Highest quartile	10,100	12,200	2,800	4,100
Private not-for-profit 4-year
Total	$15,500	$17,700	$8,200	$9,400
Lowest quartile	10,800	12,000	4,200	4,700
Lower middle quartile	13,500	16,000	6,500	7,800
Upper middle quartile	15,300	17,700	8,000	9,300
Highest quartile	20,000	22,400	12,200	13,600
NOTE: Net price is equal to tuition and fees, plus estimated cost of living expenses, minus all grants and loans received. Net tuition and fees is equal to tuition and fees minus total grants received. Dependent refers being financially dependent. Generally, all undergraduates under the age of 24 are considered dependents; for these students, the parents’ income and assets are the major considerations in determining the need for financial aid. For public 4-year institutions, 78.2 percent of full-time, full-year students enrolled were classified as dependents in 1989-90 and 78.4 percent were so classified in 1999-2000. For private 4-year institutions, 83.6 percent of full-time, full-year students enrolled were classified as dependents in 1989-90, and 82.2 in 1999-2000.
SOURCE: U.S. Department of Education, National Center for Education Statistics, The Condition of Education 2004, based on National Postsecondary Student Aid Study (NPSAS), 1989-90 and 1999-2000; Wei, C.C., Li, X., and Berkner, L. (2004). A Decade of Undergraduate Student Aid: 1989-90 to 1999-2000, tables A-1.1, A-2.1, A-3.1, and A-4.1.

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