College and University Cost Index: Paying for Education

Department of Chemical Engineering--College and university degree is expensive, which represents a significant investment in time and money. So how do you know that you get a good deal? As with any major purchase, you need to understand the market value of what you buy.

It is suitable to represent the cost of higher education with dollar signs, and a lot of evidence, and a way to travel and represent the costs of restaurants and hotels. Cost Index below, we give examples of schools at all levels of cost,. Along with the 2013-14 actual tuition plus fees

Since the cost of a full-time study (including two semesters) and the general cost of living (food, housing, transport), which can add significantly to the cost of training. Here's a hint:

$ = $ 5,000 or less (Santa Barbara City College, $ 1.400)
$ + = $ 10,000 (Iowa State University, $ 8.100)
$$ = $ 15,000 (University of Virginia, $ 12.400)
$$ + = $ 20,000 (Regent University, $ 16.100)
$$$ = $ 25,000 (Hillsdale College, $ 22.890)
$$$ + = $ 30,000 (Calvin College, $ 28,000)
$$$$ = $ 35,000 (Baylor University, $ 32.700)
$$$$ + = $ 40,000 (Ithaca College, $ 38.400)
$$$$$ = $ 45,000 (Massachusetts Institute of Technology, $ 43.200)
$$$$$ + = $ 50.0000 (Columbia University, $ 49.100)
$$$$$$ = More than $ 50,000 (Sarah Lawrence College, $ 51.300)

All here, the increase is $ 5,000. As of this writing in 2014, and very expensive schools, the highest in about $ 50,000 a year.
College and University Cost Index: Paying for Education
College and University Cost Index: Paying for Education


Keep listed two things in mind, the cost here: between the state and the state teachers at public schools First, there is a big difference. For example, the University of Iowa $ + school for Iowa residents, but the lessons for the state outside students come to $ 27,000 is the $ make $$ + school for non-residents. Generally lessons outside the state is about three times the tuition in the state.

is to keep another thing in mind that schools can offer scholarships and assistance programs to reduce significantly student costs. For example, if you can get a scholarship for athletics that your costs to reduce by half, or even to zero. Granting scholarships and assistance programs for low-income families can also reduce costs. Although most students have to pay out of pocket, so that these costs have an idea of ​​the actual number of costs that may occur.

At the Adjust online schools in this manual? traditional colleges and universities from the campus that more programs are available on the internet, and these are usually the price is the same software that. the students on campus For schools that solely focus on online education, its costs are usually in the range of + $$ to $$.

Find scholarships online to students, click here.

This "restaurant guide" approach to represent the cost of higher education is helpful because even if tuition fees are usually every year the number of dollar sign with a school not to increase, the once adjusted inflation tends the same over the years to stay. And Sarah Lawrence College has always been a mark of six dollars ($$$$$$) school and most cities and community colleges remained always a single school-dollar sign ($).

Inflation was much higher education costs as the prices of typical goods and services. The German government expects inflation through its consumer price index. Here is a diagram comparing the consumer price index, which the price index has been called for higher education. It shows that the annual inflation in education costs is approximately twice as large ordinary inflation.
Although this scheme a few years ago is still the same trend to this day. Tuition fees now, in 2014, are 12 times what they were 35 years ago. but ordinary inflation is less than 4 times what it was 35 years ago.

So if you are a parent thinking of saving for the education of your children, you need to invest your money where the returns well ahead of normal inflation. This can be a challenge.

Because money in pursuit of college and university degree is a major concern for most of us, we use our cost index not only to describe the approximate annual cost of study programs, but also to compare the different types of program costs. This will help you determine whether you get value for your money. the cost of higher education are highly variable, and pay more do not have to get to.

The above data describe traditional classroom on campus. Price estimates information from the Ministry of Education of the United States with and are calculated on the basis of a year, the status of a full-time student. Full-time status as 24 hours of credit per year (usually 8 courses over 2 semesters) for students and 18 credit hours per year (usually 6 courses over 2 semesters) for students.

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