The College Board released college cost figures for the 2011/2012 academic year in its annual Trends in College Pricing report. Here are the highlights:
Public colleges (in-state students):
- Tuition and fees increased an average of 8.3%
- Room and board increased an average of 4.0%
- Total average cost for 2011/2012 is $21,447
Public colleges (out-of-state students):
- Tuition and fees increased an average of 5.7%
- Room and board increased an average of 4.0%
- Total average cost for 2011/2012 is $33,973
Private colleges:
- Tuition and fees increased an average of 4.5%
- Room and board increased an average of 3.9%
- Total average cost for 2011/2012 is $42,224
“Total average cost” includes tuition and fees, room and board, books and supplies, transportation and a small amount for miscellaneous costs.
