A Public University Joins the Expanding 50K Club of College Prices

[jiimbergin]

More inflation news!


http://chronicle.com/article/article-content/125207/

A Public University Joins the Expanding 50K Club of College Prices

By Jeffrey Brainard
The ranks of the most expensive colleges have grown again: 100 institutions are charging $50,000 or more for tuition, fees, room, and board in 2010-11, according to a Chronicle analysis of data released last week by the College Board. That's well above the 58 universities and colleges that charged that much in 2009-10, and a major jump from the year before, when only five colleges were priced over $50,000.
This year marks a milestone as the first public institution has joined that elite club: the University of California at Berkeley is charging out-of-state residents $50,649 for tuition, fees, room, and board. (The price for in-state residents is only $27,770.)
All of the other 99 colleges charging $50,000 or more are private. They made up 9 percent of the 1,058 private institutions reporting any amount for tuition, fees, room, and board.

[zoog]

Re: A Public University Joins the Expanding 50K Club of College Prices

More inflation news!


http://chronicle.com/article/article-content/125207/

A Public University Joins the Expanding 50K Club of College Prices

By Jeffrey Brainard
The ranks of the most expensive colleges have grown again: 100 institutions are charging $50,000 or more for tuition, fees, room, and board in 2010-11, according to a Chronicle analysis of data released last week by the College Board. That's well above the 58 universities and colleges that charged that much in 2009-10, and a major jump from the year before, when only five colleges were priced over $50,000.
This year marks a milestone as the first public institution has joined that elite club: the University of California at Berkeley is charging out-of-state residents $50,649 for tuition, fees, room, and board. (The price for in-state residents is only $27,770.)
All of the other 99 colleges charging $50,000 or more are private. They made up 9 percent of the 1,058 private institutions reporting any amount for tuition, fees, room, and board.

And I thought my state university degree in the 1990's was overpriced.

There is this concession in the article though:

To be sure, many students at the most-expensive institutions are paying significantly less than the sticker price, thanks to financial aid. Net prices, including financial aid, are not available by institution for 2010-11. But the College Board estimates that the average net price for tuition, fees, room, and board at private, four-year colleges has fallen slightly from the level five years ago, when adjusted for inflation, to $21,020 this year.