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 ...
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.
Sounds like folks need to learn to make choices and say “no” sometimes.
Yeah...that's the ticket!!
occupy the campuses!
if the OWS dirt balls feel exploited by $5 ATM fees, how do they feel about this?
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%.
There, fixed it for 'em.
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.
Where are the investigations for gouging?
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.
Paying for two myself this year - it’s a killer!
Paying for two myself this year - it’s a killer!
Most of them are buried in self-inflicted debt themselves.
In the California university system, once about the best in the nation, there is almost one administrator for every professor.
In the California university system, once about the best in the nation, there is almost one administrator for every professor.
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.
If God had not meant for them to be sheared, He would not have made them sheep.
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.
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.
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