Graphic: The price of college tuition

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The average sticker price and average net price for tuition and fees at public and private colleges in the U.S. over the past 15 years.

There are two ways to think about college tuition price:

  1. Sticker price is the full price colleges list in their brochures and on their websites.
  2. Net price is the price students actually pay. Net price accounts for the fact that many students receive grants or scholarships. So it can be considerably lower than sticker price.

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Tuition costs compared to other prices

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The lines represent the price in a given year, as a percent of the price in 1985.

This graph from the New York Times shows how much tuition has gone up, way more than other costs. College tuition and fees today are 559 percent of their cost in 1985. In other words, they have nearly sextupled (while consumer prices have roughly doubled)…

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Private colleges cutting tuition costs

seton hall

Seton Hall University is offering discounts up to 66% on tuition.

Discounted programs and other ways to save are being offered by a growing number of private colleges and universities.  Students and families have been turned off by the potential six-figure tuition bills from private colleges.  So some are cutting their prices.

 

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Groupon offers discount on University tuition

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What will hit Groupon next?

A private, Chicago-based institution will be the first to put forth a deeply discounted deal on tuition via Groupon.

In an effort to bolster interest in its graduate teaching program,National Louis University will offer would-be teachers a Groupon for nearly 60% off tuition of an entry-level graduate teaching course…

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Colleges with the fastest rising tuitions will have some explaining to do to the Department of Education

Penn state

Penn State tops the list for public in-state colleges.

No college wants to top these rankings. Today the Education Department unveils a website on which it is publishing for the first time lists identifying the nation’s most expensive colleges.

 

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Higher Education Reforms in England Will Triple Fees in 2012

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Two thirds of universities will charge the highest possible tuition fee.

The Coalition’s policy on tuition fees risked descending into chaos after it emerged that two thirds of universities would charge the maximum £9,000 a year for degree courses.  Ministers were accused of “losing control” of their flagship higher education reforms as growing numbers of vice-chancellors unveiled plans to almost triple fees in 2012.

Is An Ivy League Diploma Still Worth the Money?

harvard graduation

Harvard graduation

They’re often called the elite eight, boasting U.S. presidents, Nobel Prize winners, Wall Street CEOs, world leaders—as well as famous actors and musicians—among their alumni.  But they’re incredibly expensive and getting more so—prompting many students and families to ask: Is an Ivy League diploma really worth the money?

 

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Tennessee College Bucks the Trend by Lowering Tuition

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Sewanee, a Tennessee liberal arts college.

For those who wonder how college tuition costs manage to keep rising year after year, apparently defying laws of economic gravity, Sewanee, a liberal arts college in Tennessee, has an answer: they can’t.  On Wednesday, Sewanee announced that it will cut its $46,000 annual bill for students by 10 percent in the fall.

 

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