Higher Ed Wed Dec 07 12:03:00 EST 2022 Higher Ed http://www.federatedhermes.com/us/static/images/fhi/fed-hermes-logo-amp.png http://www.federatedhermes.com/us/daf\images\insights\article\graduates-throwing-caps-small.jpg

Higher Ed

College costs have soared.

Published

Higher Ed. College costs have soared. Average price of undergraduate tuition, fees and room/board in thousands of dollars, inflation adjusted per academic year. $10.9 in 1969-70, $11.3 in 1984-85, $16.2 in 1999-2000, $25.9 in 2020-21. What’s driving up costs? Rising demand/limited supply, financial aid increases, administrative costs, cuts in state funding, athletic funding and campus upgrades. Most expensive U.S. colleges. 2022-2023 tuition and fees. Kenyon College in Ohio $66,490, Franklin & Marshall College in Pennsylvania $65,844, Tufts University in Massachusetts $65,222, Brown University in Rhode Island, Colorado College in Colorado $65,028. Information sources: Affordable Colleges, September 2022; Best Colleges, July 2022; Broke Scholar, July 2022; College Tuition Compare, 2022; My Top Schools, August 2022; National Center for Education Statistics, January 2022; US News, September 2022.

DISCLOSURES

Federated Advisory Services Company

2369460579