Nice News - There’s lots of talk about rising tuition and the increasing
inaccessibility of higher education in the United States. But amid all
that noise, it seems that the average cost of college has been quietly trending downward — a welcome surprise for prospective students and parents.
A recent report from the College Board found that the average in-state tuition for a four-year public university is $11,610 a year
when adjusted for inflation, compared to $12,830 five years ago. For
private schools, the net price (taking financial aid into account) is
$16,510, down from $18,340 in 2019.
“The notion that the cost
of college is out of control is not accurate,” Mark Becker, president of
the Association of Public and Land-Grant Universities, told USA Today. “And the College Board data show that.” The annual report also notes that the share of students taking on debt is declining
November 6, 2024
Colleges & Universities
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