Average tuition and fees declined at private for-profit schools, from $16,353 to $15,407.Average tuition and fees across all schools increased 20%, from $11,397 to $13,677.In the 10 years from 2010-2011 to 2020-2021, the average cost of college tuition, fees, room, and board across all schools increased 17.8% in constant dollars.In the past decade, the cost of college has generally continued to increase. The most dramatic tuition hike occurred among four-year public schools, where the average cost of tuition increased almost 260%, from $2,608 to $9,375.Room and board almost doubled, increasing by 91.4%.Average tuition and fees tripled, from $4,558 a year to $13,677.In the 50 years between the 21 school years: Note Reference The chart below represents the rising cost of a year of college - including tuition, fees, room, and board - in constant 2020-2021 dollars. From 1970 to 2020, the total price tag for college increased by 137%, or 2.4 times. Source: NCES Note Reference Cost of College Over TimeĮven accounting for inflation, college costs have more than doubled since the seventies. Average Net Cost of College 2019-2020 School Type Keep in mind the amount of aid students receive depends on their income level. Dollar amounts are in 2020-2021 constant dollars. The table below represents the average cost of college minus aid from scholarships or grants across all income levels. That's because students can take advantage of scholarships and grants to subsidize the cost of college. The sum of tuition and other college expenses still doesn't tell the whole story of what students pay for school. Two-year schools cost on-campus students an average of $16,488 per year, or roughly $33,000 over two years. At four-year schools, a year of total college expenses for students living on campus amounts to $35,551, or about $142,000 over four years. The National Center for Education Statistics (NCES) reports the average total cost of attending college for first-time undergrads based on students' living arrangements: if they live on campus, off campus, or off campus with family.įour-year schools are generally more expensive than two-year schools. The all-in cost of college includes tuition and fees, textbooks and supplies, college dorm or off-campus living expenses, and other student expenses like transportation. There's more to the cost of college than tuition alone. Source: National Center for Education Statistics Note Reference Average Total Cost of College Average College Tuition and Fees 2020-2021 School Type Two-year public colleges had the least expensive tuition. The average tuition at a four-year private nonprofit school was about 1.6 times that of a four-year public school. In 2020-2021, private nonprofit schools had the highest tuition compared to other school types. The Public Ivies, Little Ivies, and Other Ivy League Equivalents.
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