ERIC Number: ED412844
Record Type: Non-Journal
Publication Date: 1993
Reference Count: N/A
Long-Term Tuition Policy: What Happens When Tuition Rises Faster Than Ability To Pay? AGB Occasional Paper No. 17.
Dunn, John A., Jr.
Association of Governing Boards of Universities and Colleges
This study examined trends in tuition and fees at private institutions of higher education, compared the fees with those at public institutions, and evaluated effects on need-based student financial aid. Data were collected from 150 private colleges and universities, from the Integrated Postsecondary Education Data Series, from the Entering Freshmen Survey of the Higher Education Research Institute, and from the Financial Aid Survey of the Higher Education Data Sharing Consortium. Among findings were: (1) since the 1980s tuition and fee charges at private institutions have been increasing at a faster rate than the growth of family income; (2) although proportionate dependence of institutions on tuition revenues held constant from 1980-91, financial aid expenditures rose from 19.6 percent to 25.8 percent; (3) there was an increasing gap from 1980 to 1990 between the median family incomes of entering students at private and public institutions; and (4) the median family income of students receiving need-based aid rose well below the rate of increasing tuition charges. Results suggest that trustees should work to control the rate of escalation in student charges, differentiate their institution clearly in services and/or markets, and maintain a defensible pricing policy. (Contains 11 references.) (LEE)
Descriptors: Access to Education, Budgets, College Freshmen, Educational Finance, Family Income, Fees, Financial Needs, Financial Support, Higher Education, National Surveys, Paying for College, Private Colleges, Public Colleges, Student Costs, Student Financial Aid, Student Needs, Student Surveys, Trend Analysis, Tuition
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Publication Type: Reports - Evaluative
Education Level: N/A
Audience: Administrators; Policymakers; Practitioners
Authoring Institution: Association of Governing Boards of Universities and Colleges, Washington, DC.