2008 Woodie Awards
Recession prompts rise in college tuition
Issue date: 10/24/02 Section: News Digest
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WASHINGTON –– Students at the nation's four-year public colleges and universities are paying an average of 9.6 percent more in tuition this year than a year ago, the steepest year-to-year rise in a decade. By comparison, students on private campuses are paying less of an increase with an average increase of 5.8 percent.
The College Board released the numbers Monday.
The recession was behind the heavier hit taken by students at state schools. Their budgets were short, states cut funding for higher education. To balance their own budgets, state colleges then asked students to dig deeper into their pockets.
The College Board released the numbers Monday.
The recession was behind the heavier hit taken by students at state schools. Their budgets were short, states cut funding for higher education. To balance their own budgets, state colleges then asked students to dig deeper into their pockets.