November 8, 2010

Study: Average Price of College Education Decreasing for Full-Time Students

Despite significant increases in tuition and fees, the average net price of higher education has actually decreased in recent years for full-time students. That’s according to “Trends in College Pricing,” a recent report by the College Board, the national non-profit membership association best known for producing the Scholastic Aptitude Test and other standardized tests. The report found that the tuition and fee increases were offset by increases in grant aid and federal tax benefits, meaning that, when adjusted for inflation, the average net tuition and fee cost in 2010-11 is lower than it was in 2005-06.

The report includes data concerning tuition and fees, room and board, net prices, institutional revenues and expenditures, enrollments, and other categories.