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College Tuition

"Employees in Postsecondary Institutions, Fall 2011 and Student Financial Aid, Academic Year 2010-11--First Look"

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Students shouldn't let the sticker price of college deter them from considering the pursuit of a degree, judging by federal data released last month.

The report from the National Center for Education Statistics shows a wide gap between the average price and the amount that full-time students actually paid for school in the 2010-11 academic year.

While the average sticker price at four-year public institutions was $17,600, for example, students paid an average of $11,000 once grant aid was subtracted. At four-year private, nonprofit schools, the average net price was $19,800—reduced from a listed price of $34,000.

The calculation of net price of attendance does not include loan aid.

Vol. 32, Issue 06, Page 5

Published in Print: October 3, 2012, as College Tuition
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