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Thursday, November 24, 2011

Increase in College Costs Due to Non-tuition Expenses

The Center for College Affordability and Productivity November 2011 report says that approximately two-thirds of the increase in total college costs stems from non-tuition expenses. Non-tuition costs include books and (off-campus) room and board, according to the report.  The report recommends that more attention needs to focus on controlling these non-tuition expenses.  According the Center’s report, the average amount that students paid, after deducting scholarships and grants, increased by nearly $3,000, while net tuition prices grew by only about $1,000 during same period.  For two year colleges, the overall cost increased by $1,333, while net tuition prices fell to $849.