Cost Of A College Education Continues To Rise

New figures on the cost of a college education aren't what students and their parents want to hear.

But it's probably no surprise: Costs are rising as public universities pass state budget cuts on to customers.

The College Board says average in-state tuition and fees at four-year public colleges rose an additional $631 this fall, or 8.3 percent, from a year ago. Nationally, the cost of a full credit load has passed $8,000, an all-time high. With room and board, the average list price for a state school now runs more than $17,000 a year.

But a companion report says the actual amount families actually pay is much lower, thanks to a large increase in federal grants and tax credits for students, on top of stimulus dollars that prevented greater state cuts. The average for tuition and fees is about $2, 490, or just $170 more than five years ago.

The College Board reports roughly 56 percent of bachelor's degree recipients at public four-year schools last year graduated with debt, averaging about $22,000. At private nonprofit universities, 65 percent had debt, averaging around $28,000.

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  • by Community College Location: ENC on Oct 26, 2011 at 12:15 PM
    30 of the top careers with above average to IMMEDIATE job openings require 2 years of college or less...welding, nursing, electricians, paralegals, dental hygienists, diesel mechanics,...
    • reply
      by Being Realistic on Oct 26, 2011 at 08:29 PM in reply to Community College
      Yes but for the most part government only gives out grants and scholarships to students going into Liberal Arts Programs. Areas where they can not find a job when they graduate and pay back their loans.
  • by Anonymous on Oct 26, 2011 at 10:16 AM
    With ever increasing cost of higher education, why does ECU continue to pour money into things like the gay and lesbian center at ECU?
  • by T on Oct 26, 2011 at 09:01 AM
    If it's not already, 4 year colleges will price themselves out of the market. I paid for 4 years of tuition at ECU on the pay as you go plan. Glad we are done.
  • by Anonymous on Oct 26, 2011 at 08:22 AM
    The extra math classes and etc. are not only used for your career. They are also to elaborate your brain and thinking process. They are necessary even if you will never use them again. The majority of things you learn in college you will not use again. My father is a farmer, my mother is now a retired school teacher. My mother would sit aside 100 dollars a month, sometimes less if times were harder. I did not have access to this account, and still do not to this day. I was able to go get braces, car, and have a college education. I started my career a little more than a year ago, and I currently do the exact same thing as my parents. (This is not my "savings" account) I only hope to give them exactly what I was fortunate to receive. Other than that, my tuition was exactly as posted, $2,500/semester. I would normally get another check from finacial aid for 500-700 to pay for books or room and board. Thankfully, I only spent over 500 dollars on books my first semester. My professors throughout college made their own books that would only cost 10-20 dollars at the local print shop. Start saving NOW, go to informative classes on FINANCIAL AID, and make sure your paper work is CORRECT. The money is there, you just need correct resources to receive it!
    • reply
      by ECU on Oct 26, 2011 at 09:15 AM in reply to
  • by Kane on Oct 26, 2011 at 08:14 AM
    I'm tired of hearing the phrase "the 1%". If that were the case there would been a bloody uprising long ago.
    • reply
      by To Kane on Oct 26, 2011 at 10:15 AM in reply to Kane
      Maybe you need to go read something!! It IS the case, what do you think the OWS is about? There haven't been uprising earlier because they "bought" the TP and the GOP-plain and simple and because people like you believe their lies! The top earners have TRIPLED their income since 1979-how much more do they need to start hiring? Also, take a look at the BILLIONS we have recovered this year in "hidden" tax evasion money over seas!
  • by Don't worry Location: ENC on Oct 26, 2011 at 07:14 AM
    But don't worry, the GOP is "taking care" of the important people. New stats show that from 1979-2007-the top 1% income has TRIPLED! Their children won't have to borrow money to go to college, so what does it matter to the rest of us?
    • reply
      by REM on Oct 26, 2011 at 08:15 AM in reply to Don't worry
      Hate and envy for the rich,... where have I seen that one before? I assume that it would be somehow different if you were the one with millions of dollars huh?
      • reply
        by To REM on Oct 26, 2011 at 10:13 AM in reply to REM
        You tell me! Their incomes have tripled since 1979-How much do they need before they will begin the "hiring" you claim they will do when they have enough money? You have said the reason they are not investing is because of taxes and costs? -The how did their incomes TRIPLE???
  • by CUT PROGRAMS? on Oct 26, 2011 at 06:59 AM
    People that want to cut funding to programs that don't lead to jobs huh? 1 question for you though. What programs lead to jobs in this economy? Medical is the only answer you can give me in this day and age. You cant cut programs based on that or there wouldnt be anyone in school.
    • reply
      by Anonymous on Oct 26, 2011 at 08:36 PM in reply to CUT PROGRAMS?
      Open the want ads and you will see jobs for trade and technical school graduates. Not everyone must have a 4year degree to make a good living.
  • by Doll on Oct 26, 2011 at 06:11 AM
    I am a full time student. I have a 4.0 GPA and I cant get any funds to help me EARN!!! my college degree! Why? All my educational funds come through LOANSSSSSSSSSSSS!!! Why? All I heard was scholarship and grant money for good grades....I'm still waiting! One way I think to cut cost is to eliminate the unnecessary classes...ELECTIVES and SOME MATH if you are not a biology major, etc...why all the math. Please just like in school...algerbra and all the other maths are going to be used for what exactly, because we all know that those dream jobs only exist if you know someone! People get involved. Dont get me wrong I am not knocking education by any means...but get involved! And know why these things are needed. Why so many? Know what affect these courses will have on future employment? Dont let others choose your destiny....DEFINE YOURSELF!!!!!! I will be $50,000.00 in school lean debt when I finish...I earn approximately 30,000, now. My plan, get a job that pays no less than what that education cost me....but I bet wont be in my current area!
  • by Educator on Oct 26, 2011 at 04:19 AM
    Universities should do what k12 schools do. Rather than raise tuition, cut all of the programs that do not lead to jobs. Although all programs may be of importance, why give funning, scholarships and loans that may need to be payed back when it will not lead to a job that someone can repay after graduation?
    • reply
      by To Educator on Oct 26, 2011 at 10:17 AM in reply to Educator
      There is a place for that-community colleges. That is very reason for their existence! They are great and serve a purpose, but for someone who uses the term "educator", I am appalled that you have not appreciation for a liberal arts education!
      • reply
        by Educator on Oct 26, 2011 at 08:26 PM in reply to To Educator
        I never said anything about liberal arts but now that you bring it up. Tell me what career does Slavic Languages & Literatures lead to or african american studies or women's studies. There are jobs out there but they are for trades and technical programs. Many companies have job openings but there is no one qualified. Open the paper to the want ads. Tax money should not go to programs, Liberal Arts that will not lead to a job. And then after a person graduates with that degree, they have no way to pay that money back. Be realistic! K-12 schools have to cut every year. It is time for Universities to cut back and stop placing the burden on students who are trying to work and pay for their education.

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