Tuition and Fees Rise, but Cost of Living ΓÇô by Colleges' Estimate ΓÇô Falls

July 16, 2014
  • Industry News

As usual, the U.S. Department of Education is a bit behind when it comes to data.

Published tuition and fees increased by about 4 percent at public and private nonprofit four-year colleges and by nearly 5 percent at public two-year colleges from 2011-12 to 2013-14, when adjusted for inflation, according to a new release from the National Center for Education Statistics.

The preliminary data were collected from about 7,400 postsecondary institutions in the fall of 2013 through the Integrated Postsecondary Education System, known as Ipeds.

On-campus room and board rose at about the same rate as tuition, while off-campus room and board rose by less than 1 percent at public and private nonprofit four-year colleges and fell by about 1 percent at public two-year colleges.

But we knew all of that already: The College Board released data in October for tuition, fees, room, and board in 2013-14 that showed roughly the same trends in the cost of attendance, or COA.

What's new from Ipeds is data on the average cost of books, supplies, and other expenses, including, for example, laundry, transportation, and entertainment. Those figures, estimated by financial-aid offices, actually dropped from 2011-12 to 2013-14 at all types of four-year institutions, when adjusted for inflation.

Read more at The Chronicle of Higher Education: http://chronicle.com/blogs/data/2014/07/10/tuition-and-fees-rise-but-cost-of-living-by-colleges-estimate-falls/