The chart below shows the increasing cost of US college education compared by US states.Many US states have cut per-student spending by an average of 21% in the period 2008-2014 ,some by as much as 41% and hiked up tuition by even more.
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US states which has seen the biggest hike in Public College Tuition Fees. |
Since 1971, annual college enrollment has more than doubled in the U.S. to 19.5 million, as of 2013, the latest Census data available. In that year, there were 5.3 million in two-year colleges, 10.5 million in four-year colleges and 3.7 million in graduate school. This fall, Harvard's annual tuition and fees (not including room and board) will set you back $45,278, more than 17 times the 1971-72 cost. If annual increases had simply tracked the inflation rate since 1971, next year's tuition would be to just $15,189. It's not just the tuition costs at elite universities like Harvard that are outpacing the government's Consumer Price Index but, but also across public institutions
In the USA, tuition fee largely depends on whether you plan to study at a Public or Private Institution Estimated tuition fee per year across Private Institution can go up between $15000 to $30000 per year. At some Universities, it could go beyond $ 40000 per year.Nationally, the most recent data indicates $11,009 is spent on public education per student.
Significant variation exists across states; New York spends roughly $20,000 per student, while states like Utah and Idaho only spend about a third as much The average cost of tuition and fees at a private, non-profit, four-year university this school year was $31,231—up sharply from $1,832 in 1971-1972 (in current dollars). At public, four-year schools, tuition and fees cost about $9,139 this year.In fact in US child care cost less than College Education.The average cost of full-time daycare for kids up to the age of 4 has reached $9,589 a year, according to a new report from the think tank New America. That now tops the average cost of in-state college tuition, which runs about $9,410.
Significant variation exists across states; New York spends roughly $20,000 per student, while states like Utah and Idaho only spend about a third as much The average cost of tuition and fees at a private, non-profit, four-year university this school year was $31,231—up sharply from $1,832 in 1971-1972 (in current dollars). At public, four-year schools, tuition and fees cost about $9,139 this year.In fact in US child care cost less than College Education.The average cost of full-time daycare for kids up to the age of 4 has reached $9,589 a year, according to a new report from the think tank New America. That now tops the average cost of in-state college tuition, which runs about $9,410.
According to the College Board, the average cost of tuition and fees for the 2015–2016 school year was $32,405 at private colleges, $9,410 for state residents at public colleges, and $23,893 for out-of-state residents attending public universities.One of the reasons of this increased tuition is the reduction of state and federal appropriations to state colleges, causing the institutions to pass on the cost of education to students. State support for public colleges and universities has fallen by about 26 percent per full-time student since the early 1990s |
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