Question:
What are the trends in the cost of college education?
Response:
For the 2008–09 academic year, annual prices for undergraduate tuition, room, and board were estimated to be $12,283 at public institutions and $31,233 at private institutions. Between 1998–99 and 2008–09, prices for undergraduate tuition, room, and board at public institutions rose 32 percent, and prices at private institutions rose 24 percent, after adjustment for inflation.
SOURCE:U.S. Department of Education, National Center for Education Statistics. (2010). Digest of Education Statistics, 2009 (NCES 2010-013), Chapter 3 .| Total tuition, room and board rates charged for full-time students in degree-granting institutions, by type and control of institution: Selected years, 1980–81 to 2008–09 | ||||||
| Year and control of institution | Constant 2007–08 dollars | Current dollars | All institutions | 4-year institutions | 2-year institutions | All institutions | 4-year institutions | 2-year institutions |
|---|---|---|---|---|---|---|
| All institutions | ||||||
| 1980–81 | $7,579 | $8,552 | $5,450 | $3,101 | $3,499 | $2,230 |
| 1990–91 | 10,373 | 12,017 | 6,213 | 6,562 | 7,602 | 3,930 |
| 2000–01 | 13,081 | 15,624 | 6,601 | 10,818 | 12,922 | 5,460 |
| 2001–02 | 13,520 | 16,204 | 6,793 | 11,380 | 13,639 | 5,718 |
| 2002–03 | 13,966 | 16,786 | 7,268 | 12,014 | 14,439 | 6,252 |
| 2003–04 | 14,736 | 17,639 | 7,628 | 12,953 | 15,505 | 6,705 |
| 2004–05 | 15,231 | 18,232 | 7,826 | 13,792 | 16,509 | 7,086 |
| 2005–06 | 15,563 | 18,561 | 7,693 | 14,629 | 17,447 | 7,231 |
| 2006–07 | 16,057 | 19,156 | 7,742 | 15,483 | 18,471 | 7,466 |
| 2007–08 | 16,159 | 19,323 | 7,637 | 16,159 | 19,323 | 7,637 |
| 2008–091 | 16,907 | 20,154 | 8,116 | 17,143 | 20,435 | 8,230 |
| Public institutions | ||||||
| 1980–81 | $5,800 | $6,233 | $4,954 | $2,373 | $2,550 | $2,027 |
| 1990–91 | 7,520 | 8,288 | 5,482 | 4,757 | 5,243 | 3,467 |
| 2000–01 | 9,172 | 10,463 | 5,851 | 7,586 | 8,653 | 4,839 |
| 2001–02 | 9,530 | 10,926 | 6,104 | 8,022 | 9,196 | 5,137 |
| 2002–03 | 9,883 | 11,378 | 6,512 | 8,502 | 9,787 | 5,601 |
| 2003–04 | 10,519 | 12,143 | 6,839 | 9,247 | 10,674 | 6,012 |
| 2004–05 | 10,894 | 12,618 | 7,041 | 9,864 | 11,426 | 6,375 |
| 2005–06 | 11,122 | 12,882 | 6,906 | 10,454 | 12,108 | 6,492 | 2006–07 | 11,458 | 13,272 | 7,067 | 11,049 | 12,797 | 6,815 | 2007–08 | 11,573 | 13,429 | 6,975 | 11,573 | 13,429 | 6,975 | 2008–091 | 12,113 | 14,060 | 7,463 | 12,283 | 14,256 | 7,567 |
| Private institutions | ||||||
| 1980–81 | $13,368 | $13,670 | $10,516 | $5,470 | $5,594 | $4,303 |
| 1990–91 | 20,408 | 20,926 | 14,705 | 12,910 | 13,237 | 9,302 |
| 2000–01 | 25,836 | 26,426 | 17,880 | 21,368 | 21,856 | 14,788 |
| 2001–02 | 26,628 | 27,202 | 18,801 | 22,413 | 22,896 | 15,825 |
| 2002–03 | 27,133 | 27,653 | 20,638 | 23,340 | 23,787 | 17,753 |
| 2003–04 | 28,012 | 28,520 | 22,250 | 24,624 | 25,069 | 19,558 |
| 2004–05 | 28,505 | 28,998 | 22,190 | 25,810 | 26,257 | 20,093 |
| 2005–06 | 28,607 | 29,061 | 22,522 | 26,889 | 27,317 | 21,170 | 2006–07 | 29,493 | 29,990 | 21,035 | 28,439 | 28,919 | 20,284 | 2007–08 | 30,258 | 30,778 | 21,685 | 30,258 | 30,778 | 21,685 | 2008–091 | 30,803 | 31,267 | 22,429 | 31,233 | 31,704 | 22,742 |
1Preliminary data based on fall 2007 enrollment weights.
NOTE: Data are for the entire academic year and are average total charges for full-time attendance.
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2010). Digest of Education Statistics, 2009 (NCES 2010-013), Table 334.
Related Tables and Figures: (Listed by Release Date)
Other Resources: (Listed by Release Date)