ERIC Number: ED430500
Record Type: RIE
Publication Date: 1998
Student Charges and Financial Aid: 1998-99. A Guide to Recent Trends in Student Charges and Financial Aid at Four-Year Public Colleges and Universities.
National Association of State Universities and Land Grant Colleges, Washington, DC.; American Association of State Colleges and Universities, Washington, DC.
This report examines trends in college student tuition and fees for the year 1998-99, at public four-year colleges and universities, as well as trend data for the period beginning 1998-90. The report notes that while tuition and fee increases are near their lowest point in more than a decade, they remain above the rate of inflation, with average resident undergraduate tuition and fees rising 4 percent annually. Increases in room and board rates have moderated as well, with average increases at 4.1 percent. Also noted is the shift from state appropriations to tuition as a revenue source, causing a significant increase in the ratio of average tuition and fees to median family income over the last thirty years, and a projection that this ratio will rise further in the next twenty years. Financial aid available to postsecondary students rose as well by 6.2 percent to $60.5 billion in 1997-98. Other sections of the report discuss various policy issues, ten-year trends for student charges, public perceptions of the value of education, state policies on tuition; financial aid developments, and federal, state, and institutional loan trends. A table of student undergraduate charges at American Association of State Colleges and Universities is appended. (Contains 19 references.) (CH)
Descriptors: College Students, Educational Finance, Higher Education, Parent Financial Contribution, Paying for College, Public Colleges, State Colleges, State Universities, Student Costs, Student Financial Aid, Student Loan Programs, Tables (Data), Trend Analysis, Tuition
American Association of State Colleges and Universities, 1307 New York Avenue, NW, Fifth Floor, Washington DC 20005-4701; Tel: 202-293-7070; Fax: 202-296-5819.
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: National Association of State Universities and Land Grant Colleges, Washington, DC.; American Association of State Colleges and Universities, Washington, DC.