College Tuition Costs Increase Over 6%, Again
October 25th, 2006MSNBC reports that the cost of going to a 4 year public school went up an average of $344 this past year. Tuition costs increases exceeded inflation by 2.4%. This past year is caps the most expensive 5 year span in the history of tracking rising college costs:
The news that price hikes are getting smaller is tempered by the fact that this decade has been a period of an extraordinary increases in college costs. Published prices are up 35 percent in five years — the largest increase of any five-year period in the 30 years covered the report.
The article also states that grants and other forms of tuition assistance are failing to keep pace with rising cost of going to school. If you are looking to save a bit of money at school you may want to take a look at our recent 118 Ways to Save Money in College.
