Higher education financing issues in the United States

Financial issues facing students in the United States include the rising cost of tuition, as well as ancillaries, such as room and board, textbook and coursework costs, personal expenses, and transportation.[1]

After adjusting for inflation, average published tuition at public (4-year, in-state) and private non-profit universities has increased by 178% and 98%, respectively, from the 1990–91 school year to 2017–18. Net Price (tuition less aid received) has also grown, but to a much smaller degree, as most universities have increased their "discount rate" by offering more in student aid.[2] After adjusting for inflation, average net price at public and private universities has increased by 77% and 17%, respectively, over the same time frame.[3]

  1. ^ "Understanding College Costs". bigfuture.collegeboard.org. Retrieved March 2, 2019.
  2. ^ "Discount Rates Hit Record Highs". Inside Higher Ed. May 10, 2019. Retrieved June 13, 2019.
  3. ^ "Average Net Price over Time for Full-Time Students, by Sector". College Board. Retrieved June 13, 2019.

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