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October 25, 2006

Cost of college going up

Inside Higher Ed has a nice breakdown of a report by the College Board Tuesday on the expense of higher education.

Four year public colleges increased tuition 6.3 percent on average this year. Compare that to the 8.3 percent hike for in-state students at Virginia Tech and the 12 percent jump at Radford University.

But the cost of tuition, fees and room and board at both Radford ($12,050) and Tech ($11,739) is still lower than the national average for four-year publics ($12,796).

The study points out that, while the tuition increases this year still outpace inflation, the rate at which tuition is going up is actually slowing down. The real worry is that actual federal aid to students is going down.

Funding for Pell Grants, for instance, dropped nearly a billion dollars from last year.

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About this blog

Mug of Greg Esposito

Rhode Island native and Virginia Tech reporter Greg Esposito posts on everyday college life, trends and issues affecting the 35,000-plus students in the New River Valley and beyond.

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Mug of Tim Thornton

Tim Thornton, who is old enough to have children attending college, is still taking classes and is still fascinated by colleges, the students who populate them and the bureaucrats who operate them. His reporting beat is Radford University.

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Mug of Anna Mallory

West Virginia native Anna Mallory blogs on student life topics at Virginia Tech, Radford University, New River Valley Community College -- and beyond.

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