ERIC Number: ED422045
Record Type: RIE
Publication Date: 1998
Reference Count: N/A
The Cost of Education: Community Colleges a Good Value. AACC Research Brief.
Compared with other types of higher education institutions, community colleges charge less in tuition and fees while focusing more of their resources directly on the students. Relative to inflation across all sectors of higher education, the increase in fees at public community colleges has been lower than that of other higher education institutions, which have experienced decreased revenue from state and local sources. Despite increases in tuition, the average family of four would have to spend only 2.5% of its annual income to send a child to a community college for 1 year. The analysis of the cost of higher education in this document presents data on community college tuition and fees, full-time-equivalent students, student-related expenditures, budgets for instruction and academic support, full-time faculty, and state resources. Included are charts, graphs and other statistical data related to family income, types of institutions, revenue by source, and expenditure. Statistical information contained in this article supports the idea that community colleges are the most cost-effective form of higher education available, with fees significantly less per full-time-equivalent student than those at any other type of postsecondary institution. (AS)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: American Association of Community Colleges, Washington, DC.