October 24, 2013

HIGHER EDUCATION BUBBLE UPDATE: Net Prices Are Still Rising. “Even though colleges have slowed the rate at which they raise tuition, the total grant aid available to students has not been able to keep pace with tuition growth, according to two reports released Wednesday by the College Board. . . . At public universities, the College Board estimates, students will pay net tuition and fees this year of $3,120 (up from $3,050 this year). In inflation-adjusted dollars, that’s nearly two-thirds higher than it was a decade ago. Similarly, the net price at private, nonprofit colleges is expected to jump by 4.4 percent this year to $12,460.”

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