Saturday, January 18, 2025

US Education Costs 1-18-25

The cost of education in the United States for the 2024-2025 school year varies by institution type and residency. 

·        Public four-year in-state

The average tuition and fees for full-time undergraduate students is $11,610. This is $300 higher than the 2023-2024 school year.

·        Public four-year out-of-state

The average tuition and fees for full-time undergraduate students is $30,780. This is $940 higher than the 2023-2024 school year.

·        Public two-year in-district

The average tuition and fees for full-time undergraduate students is $4,050. This is $100 higher than the 2023-2024 school year.

·        Private nonprofit four-year

The average tuition and fees for full-time undergraduate students is $43,350. This is $1,610 higher than the 2023-2024 school year.

Other factors

·        Room and board costs can add around $13,310 to the total cost of college. 

·        Federal student loans may have lower interest rates and more repayment options than private loans. 

·        Some public college and university systems froze tuition in 2024-2025.  

In looking at schools ranked by U.S. News, the average cost of tuition and fees for the 2024-2025 school year is $43,505 at private colleges, $24,513 for out-of-state students at public universities and $11,011 for in-state residents at public schools. That is, the average tuition and fees to attend an in-state public college are nearly 75% less than the average sticker price charged at a private institution, according to U.S. News data.

At public two-year institutions, tuition and fees cost $3,990 on average for in-state, in-district students in 2023-2024, according to data collected in the College Board's annual survey, Trends in College Pricing and Student Aid 2023.

https://www.usnews.com/education/best-colleges/paying-for-college/articles/what-you-need-to-know-about-college-tuition-costs#:~:text=How%20Much%20Is%20College%20Tuition,Pricing%20and%20Student%20Aid%202023.

Comments

The prohibitive cost of college could be cut in half, if colleges would stop offering non-occupational courses. The enrollment would also be cut in half.  Tax-Funded colleges should be required to cut all non-occupational courses. Privately-Funded colleges would be able to offer these non-occupational courses. 

Norb Leahy, Dunwoody GA Tea Party Leader

No comments: