[ 角聲網上電台 ]
[ 每週理財節目 ]
[ 理財分半鐘 ]
主頁 節目重溫 理財文章 其他文章 精明消費 資源推介 教牧理財 林修榮簡介
搜索
 
理財分半鐘/理財極短篇
提防年金(ANNUITY)產品
號角月報專欄
投資探討
子女大學教育(包括申請大學和經濟援助)
遺產規劃與慈善捐獻
禮物贈與(GIFTING)
稅務專題 - 一般話題
稅務專題﹕與外國人或國外收入有關的稅例
稅務專題﹕與小商業有關的稅例
稅務專題﹕與房地產有關的稅例
稅務專題﹕與退休儲蓄有關的稅例
稅務專題﹕與子女有關的稅例
稅務專題﹕與股票投資有關的稅例
保險指南
夫婦同心理財
僱員股權
地產投資
問題解答
社會安全退休制度
 
電子郵箱﹕
money@cchc.org
novel
「書中短短的真人真事, 串成一幅愛的圖畫, 讓我看到人間依然有情有愛。」(一讀者)本書由中信出版, 不到一年已印第九版,可在 ccmbookroom.org 訂購

 

主頁 > 理財文章 > 子女大學教育(包括申請大學和經濟援助) > Tuition Increases Outpace Financial Aid  

Tuition Increases Outpace Financial Aid

 

Tuition Increases Outpace Financial Aid

Associated Press
October 23, 2007; Page D4

Average tuition and fees at four-year public colleges rose 6.6% in the 2007-08 school year, outstripping increases in financial aid.

In-state students at four-year public schools are paying $6,185 this year, up $381 from last year, according to the nonprofit College Board's annual survey of college costs released yesterday. At four-year private colleges, tuition and fees rose 6.3%, to $23,712.

Including room and board for students living on campus, charges for public four-year colleges were $13,589, or 5.9% higher than last year. At private four-year schools, total charges rose by the same percentage to $32,307. George Washington University in Washington recently became the first major university with a published price, including room and board, of more than $50,000.

The past five years have seen the steepest rise in tuition and fees at four-year public colleges of any five-year period covered by the survey, which dates back 30 years.

A companion report released by the College Board on trends in student aid shows that over the past decade, increases in grant aid -- money students don't have to pay back -- have covered only about one-third of the increases in private college tuition and half the increases at public four-year schools.

Students are footing more of the bill with private loans from banks and student-loan companies. Undergraduate private borrowing increased 12% to $14.5 billion in the 2006-07 school year, the most recent figures available. Borrowing from private sources has increased tenfold over the past decade.

 

UC, CSU fees up more than U.S. average, way over inflation rate

Tuesday, October 23, 2007

California's two public university systems raised student fees this year well above the national average for state-supported campuses, according to the College Board's annual pricing report.

The 10-campus University of California system increased the cost for undergraduates by 9.7 percent to about $7,494 this year, and the 23 campuses of the California State University system raised fees by 10 percent to about $3,521 annually. The figures do not include expenses such as room, meals and books.

The national average increase was 6.6 percent - to an average of $6,185 this school year. The national inflation rate, meanwhile, was only 1.96 percent.

There has been a rapid increase in the price of an education at public universities at the same time state appropriations have fallen, said economist Sandy Baum, a senior policy analyst for the College Board, said Monday.

Public colleges have increased their prices by an average of 4.4 percent in the past decade, compared with 1.9 percent in the decade of 1977-1987.

At private four-year institutions, tuition and fees grew by $1,404, or 6.3 percent, to an average of $23,712 this year, the report says.

Stanford University, one of the nation's top private schools, increased costs by 5.46 percent to $34,800 this school year - about $1,800 more than last year.

UC spokesman Brad Hayward said the fee increases are necessary to maintain and improve the quality of instruction, expand student mental health services, increase financial aid and help raise faculty and staff salaries closer to market rate.

Patrick Lenz, CSU's assistant vice chancellor of budget, said CSU remains cheaper than comparable institutions and that the increases over the past three years have averaged six percent.

He said the system is underfunded by the state by $77 million.

Robert Shireman, executive director of the nonprofit Project on Student Debt in Berkeley, said the University of California does a good job of letting students and their families know how much they will be expected to pay based on their family income and provides more financial aid than other state systems.

"They do make an effort to make sure that if fees are going up there is an increase in financial aid," he said.

While costs have been rising faster than the rate of inflation, the College Board report says, many students pay less because of financial aid. According to the report, the increase during the past decade in grant aid - money that students do not have to pay back - covered about half of the increase in the average cost of tuition and fees at a public institution. But the net price of college is still rising much faster than inflation, Baum said.