In what has become a familiar pattern in the last several years, published tuition and fee prices increased at a relatively low, steady rate this year -- but financial aid again failed to keep up, resulting in students paying more to attend college.
Tuition and fees increased by less than 2 percent between 2016-17 and 2017-18 after adjusting for inflation, according to new College Board reports released Wednesday. The reports, "Trends in Student Aid" and "Trends in College Pricing," are released annually, showing both short-term changes and trends over longer periods of time.
Private nonprofit four-year institutions’ average published tuition and fees increased by 1.9 percent, to $34,740, in 2017-18, after adjusting for inflation. Public four-year institutions’ tuition and fees rose by 1.3 percent, to $9,970. Public two-year colleges’ tuition and fees increased by 1.1 percent year over year, to $3,570.
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