According to College Board, the annual cost of attending a four-year private college jumped 3.9% to $32,307. That’s the biggest inflation-adjusted increase since 2001. The figure includes tuition, fees, and room-and-board.
For public four-year colleges, the inflation-adjusted increase was 3.8% to an average of $13,589. That’s for in-state student tuition.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
