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Rising college tuition, fees take bigger bite of family incomes
Chicago Tribune ^ | 11/07/2011

Posted on 11/07/2011 9:11:09 AM PST by SeekAndFind

Although more Americans are getting help from scholarships and tax breaks, the net cost of college is eating up a higher share of the typical family's income in 2011, according to a report released Wednesday.

The sticker price of studying and living on campus at the average public university rose 5.4 percent for in-state students, or about $1,100, to $21,447 this fall, the College Board estimated.

The chief cause of that increase was a dramatic spike in tuition and fees at hundreds of public universities. Tuition at the average public university jumped 8.3 percent to $8,244.

Many campuses, however, had increases that were drastically higher. California State University San Marcos posted the highest percentage increase in the country by raising tuition and fees by 31 percent to $6,596, according to Collegedata.com.

The University of New Hampshire hiked its tuition 11.5 percent to $15,250, giving New Hampshire the most expensive public college system in the country.

The sticker price of living and studying for a year at a typical private college rose 4.3 percent to $42,224 this year.

There were a few nuggets of solace for students and parents in the report.

* While community college tuition posted a sharp 8.7 percent gain, it's still a bargain: only about $3,000 a year for full-time tuition.

* Recent increases in federal grants and tax benefits raised average total aid above the average tuition price of community colleges. Thus, the typical community college student got the cost of tuition and most textbooks fully covered.

* Fewer than 12 percent of private college students pay those schools' high sticker prices. Fully 88 percent of all freshmen at private universities received scholarships to reduce their costs, according to a recent survey by the National Association of College and University Business Officers.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: college; debt; inflation; tuition

1 posted on 11/07/2011 9:11:16 AM PST by SeekAndFind
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To: SeekAndFind
The only reason college costs have gone up 900% since 1978 is because people have been willing to bury themselves in student loans in order to pay it.

The colleges shove the loan applications at kids too young to understand what they are doing to themselves and shove their money in their pockets.

2 posted on 11/07/2011 9:15:41 AM PST by E. Pluribus Unum (The enemy of my enemy is my candidate.<sup>®</sup>)
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To: SeekAndFind

Sounds like folks need to learn to make choices and say “no” sometimes.


3 posted on 11/07/2011 9:19:14 AM PST by cripplecreek (A vote for Amnesty is a vote for a permanent Democrat majority. ..Choose well.)
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To: E. Pluribus Unum
And "we" want the Feds in charge of all student loans!!!

Yeah...that's the ticket!!

4 posted on 11/07/2011 9:19:16 AM PST by Osage Orange (Si Vis Pacem, Para Bellum)
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To: SeekAndFind

occupy the campuses!

if the OWS dirt balls feel exploited by $5 ATM fees, how do they feel about this?


5 posted on 11/07/2011 9:19:21 AM PST by silverleaf (Common sense is not so common - Voltaire)
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To: E. Pluribus Unum

Tell me about it! I am paying for two college students right now! University of Washington jacked up tuition 23% this year from previous year! That is not a typo, it is 23%.


6 posted on 11/07/2011 9:19:25 AM PST by federal__reserve (Dr. Paul Volcker, the best Chairman of federal Reserve in half a century.)
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To: SeekAndFind
Since OWS is controlled by a three tiered system of the Media, Unions, and Academia, I don't expect to see these idiots protesting on the campuses anytime soon.
7 posted on 11/07/2011 9:22:06 AM PST by Carbonsteel
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To: SeekAndFind
Rising college tuition, fees take bigger bite of stupid families incomes.

There, fixed it for 'em.

8 posted on 11/07/2011 9:22:53 AM PST by Navy Patriot (Join the Democrats, it's not Fascism when WE do it. (plagiarized))
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To: E. Pluribus Unum
That, but also take a look at all the ADMINISTRATION cost, salaries that Keep increasing every year.

The colleges seem to be ran now by OLD WORN out retired Democrats. They got by with the theft and set up the Student Loans package while in Congress and now on to greener pastures to reap the benifits of what they did,in being awarded the Deanship. Same shtick, different arena.

9 posted on 11/07/2011 9:23:13 AM PST by annieokie
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To: SeekAndFind

Where are the investigations for gouging?


10 posted on 11/07/2011 9:28:19 AM PST by rhombus
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To: E. Pluribus Unum
The colleges shove the loan applications at kids too young to understand what they are doing to themselves and shove their money in their pockets.

Are the parents of those kids too young too? I doubt that many are trying to convince their kids that they're making a big mistake.

11 posted on 11/07/2011 9:30:33 AM PST by Wissa (Gone Galt)
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To: federal__reserve

Paying for two myself this year - it’s a killer!


12 posted on 11/07/2011 9:32:43 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: federal__reserve

Paying for two myself this year - it’s a killer!


13 posted on 11/07/2011 9:32:43 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Wissa
Are the parents of those kids too young too?

Most of them are buried in self-inflicted debt themselves.

14 posted on 11/07/2011 9:34:14 AM PST by E. Pluribus Unum (The enemy of my enemy is my candidate.<sup>®</sup>)
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To: annieokie
That, but also take a look at all the ADMINISTRATION cost, salaries that Keep increasing every year.

In the California university system, once about the best in the nation, there is almost one administrator for every professor.

15 posted on 11/07/2011 9:34:52 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: annieokie
That, but also take a look at all the ADMINISTRATION cost, salaries that Keep increasing every year.

In the California university system, once about the best in the nation, there is almost one administrator for every professor.

16 posted on 11/07/2011 9:34:52 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Wissa
Are the parents of those kids too young too?

Who listens to parents when you can get "free" money from the college? "Things just aren't like the "old" days any more." How many of us have heard that? What do you say to your kids who worked their butts off in high school and got good grades? No, work at Walmart instead? Like all those people who weren't dumb enough to do homework? To be a parent today is to be between a rock and a hard place.

17 posted on 11/07/2011 9:37:29 AM PST by rhombus
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To: E. Pluribus Unum
Most of them are buried in self-inflicted debt themselves.

If God had not meant for them to be sheared, He would not have made them sheep.

18 posted on 11/07/2011 9:39:20 AM PST by Wissa (Gone Galt)
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To: cripplecreek

Sounds like folks need to learn to make choices and say “no” sometimes.


This. Parents are to blame also for allowing their kids to get into huge loans for worthless degrees. If more people said no to useless degrees, college costs would come down, but unfortunately that won’t happen because fat, dumb American sheeple will continue to follow the herd.


19 posted on 11/07/2011 9:54:22 AM PST by Amerikan_Samurai
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To: Rummyfan
The "Occupiers" will never go after the SOURCE of their discontent.

They should be out picketing the Deans and Professors homes, but of course they will not mess with the ones who teach them their Socialist ways.

20 posted on 11/07/2011 9:57:37 AM PST by annieokie
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To: annieokie

My wife and the entire business staff at the small school she works at, hasn’t had a raise in 4 yrs. The cost of utilities has skyrocketed, the cost of upkeep has risen, the requirements for new housing and renovations has gone up...etc.


21 posted on 11/07/2011 9:59:49 AM PST by stuartcr ("Everything happens as God wants it to...otherwise, things would be different.")
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To: rhombus
Who listens to parents when you can get "free" money from the college? "Things just aren't like the "old" days any more." How many of us have heard that? What do you say to your kids who worked their butts off in high school and got good grades? No, work at Walmart instead? Like all those people who weren't dumb enough to do homework? To be a parent today is to be between a rock and a hard place.

The world is changing. I'm not saying a college education is a bad thing. I do value mine. However, factoring in the cost of either the kids becoming debt slaves, or the parents taking a major hit to their own net worth to pay for an education with limited value, it might be adviseable for a lot of these kids to go to tech school and learn a trade that will be in demand. If the kids have enough initiative and are sharp enough to excel in high school, they'll also do better than most in their chosen field.

Worst situation to be in is to go deep in debt getting the college education, and then still wind up working at Walmart or as waitresses because the market is pretty limited for people with degrees in Philosophy or Women's Studies.

22 posted on 11/07/2011 9:59:49 AM PST by Wissa (Gone Galt)
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To: SeekAndFind

Don’t I know it and have the cancelled checks to prove it.

Back in the day, it was cheaper to house me at college than support me at home. Best deal was $7 a semester to kick your weirdo druggie roommate out and have a private dorm room. I had to laugh when everyone was outraged when tuition was raised from $4 per hour to $8.


23 posted on 11/07/2011 10:33:23 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: silverleaf
if the OWS dirt balls feel exploited by $5 ATM fees, how do they feel about this?

They feel that all outstanding loans should be forgiven and from this day forward college should be free.

Hey, you asked.

24 posted on 11/07/2011 10:37:46 AM PST by Buckeye McFrog
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To: Wissa

I agree with everything you wrote. Unfortunately very few of the kids coming out of high school agree until it’s too late. Sure, they’re adults at 18 although we still treat them as kids, even giving them health insurance now until they are 26.


25 posted on 11/07/2011 12:06:28 PM PST by rhombus
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To: SeekAndFind

the majority of the cost seems to be in on-campus housing (which, as explained to my own brood, is not an entitlement).


26 posted on 11/07/2011 2:57:57 PM PST by blueplum
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To: SeekAndFind

27 posted on 11/08/2011 3:49:33 PM PST by rhema ("Break the conventions; keep the commandments." -- G. K. Chesterton)
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