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									Trends in College Pricing and Trends in Student Aid

2009
T R E N D S I N H I G H E R E D U C A T I O N S E R I E S

OCTOBER 20, 2009

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Published College Prices: How fast are they rising?

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Average Published Charges for Undergraduates by Type and Control of Institution, 2009-10 (Enrollment-Weighted)

Source: The College Board, Annual Survey of Colleges.

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Average Annual Percentage Increase in Inflation-Adjusted Published Prices by Decade, 1979-80 to 2009-10

Source: The College Board, Annual Survey of Colleges; NCES, Integrated Postsecondary Education Data System (IPEDS).

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Inflation-Adjusted Published Tuition and Fees, 1979-80 to 2009-10 (1979-80=100)

Source: The College Board, Annual Survey of Colleges; NCES, Integrated Postsecondary Education Data System (IPEDS).

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State Tax Appropriations for Higher Education: Total Appropriations in Constant 2008 Dollars (in Millions), Appropriations per Public FTE Student in Constant 2008 Dollars, and Public FTE Enrollment (in Thousands), 1971-72 to 2008-09

Sources: The College Board, Annual Survey of Colleges; Illinois State University, Grapevine reports; NCES, Digest of Education Statistics 2008, Table 219.

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Distribution of Full-Time Undergraduates at Public and Private Four-Year Institutions by Percentage Increase in Published Tuition and Fees, 2009-10

Source: The College Board, Annual Survey of Colleges.

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Distribution of Full-Time Undergraduates at Public and Private Four-Year Institutions by Dollar Increase in Published Tuition and Fees, 2009-10

Source: The College Board, Annual Survey of Colleges.

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Published College Prices:

How much do they vary?

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Distribution of Full-Time Undergraduates at Four-Year Institutions by Published Tuition and Fees, 2009-10

Source: The College Board, Annual Survey of Colleges.

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Average Published Charges for Undergraduates by Carnegie Classification, 2009-10 (Enrollment-Weighted)

Source: The College Board, Annual Survey of Colleges.

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Percentage Changes and Dollar Changes in Published Tuition and Fees Four-Year Public Colleges by Region, 1999-00 to 2009-10
2009-10 TF $9,391 $5,802 10-year 10-year $ change % change $3,349 55% $2,270 64%

Highest Tuition and Fees Lowest Tuition and Fees

Region New England South

Largest Dollar Increase Largest Percentage Increase
Smallest Dollar Increase Smallest Percentage Increase

New England
Southwest Middle States Middle States

$9,391
$6,768 $8,005 $8,005

$3,349
$3,253 $2,180 $2,180

55%
93% 37% 37%

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How Much do Students Actually Pay? Net Prices

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Average Estimated Undergraduate Budgets, 2009-10 (Enrollment-Weighted)

Source: The College Board, Annual Survey of Colleges.

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in Constant 2009 Dollars, Full-Time Undergraduate Students, 1994-95, 19992000, 2004-05 and 2009-10

Net Price: Published Tuition and Fees, Net Tuition and Fees, and Room and Board

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Net Price by Income: Public Four-Year Colleges Net Tuition and Fees, Net Room and Board and Other Costs, and Total Grants
in Constant 2007 Dollars by Income Group, Full-Time Dependent Students 1992-93, 1995-96, 1999-2000, 2003-04 and 2007-08

Sources: NCES, NPSAS, 1993, 1996, 2000, 2004, 2008; U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 2007.

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Sources of Student Aid

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Undergraduate Student Aid by Source (in Billions), 2008-09

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Ten-Year Trend in Student Aid and Nonfederal Loans per FTE Used to Finance Postsecondary Education Expenses
in Constant (2008) Dollars, 1998-99 to 2008-09

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in Constant (2008) Dollars, 1994-95 to 2008-09

Average Aid per Undergraduate FTE

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The Distribution of Income and Aid

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Percentage Growth in Mean Family Income by Quintile in Constant 2008 Dollars, 1978–1988, 1988–1998, and 1998–2008

Sources: U.S. Census Bureau, Current Population Survey, Table F-1, Table F-3, and FINC-01; calculations by the authors.

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Total Pell Expenditures (in Millions), Maximum Pell Grant and Average Pell Grant in Constant (2008) Dollars, and Number of Recipients (in Thousands),
1976-77 to 2008-09

Sources: The Federal Pell Grant Program End-of-Year Report, 2007-08; and projections from U.S. Department of Education, Office of Postsecondary Education.

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Average State Grants per Full-Time Dependent Undergraduate Student by Parent Income and Percentage Receiving State Grants,
in Constant (2007) Dollars, 1992-93 to 2007-08

Source: NPSAS, 1993, 1996, 2000, 2004, 2008; U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 2007.

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Average Institutional Grants and Average Federal plus State Grants per Full-Time Dependent Student by Parent Income Public Institutions, 2007-08

Distribution of Full-Time Dependent Students in Public Institutions by Income, 2007-08

Sources: NPSAS, 1993, 1996, 2000, 2004, 2008; U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 2007.

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Student Borrowing

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Growth of Stafford, PLUS and Nonfederal Loan Dollars in Constant (2008) Dollars, 1998-99 to 2008-09

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Distribution of Total Undergraduate Debt by Sector and Type of Degree or Certificate, 2007-08

Source: NPSAS, 2008

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For More Information:
College Board Communications
212-713-8052

communications@collegeboard.org

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