ERIC Number: ED446679
Record Type: Non-Journal
Publication Date: 2000-Sep-26
Reference Count: N/A
College Tuition and Fees: Changes in the 1995-96 to 1999-2000 Period Compared with Median Household Income.
Bovbjerg, Barbara D.
This letter to The Honorable William F. Goodling, Chairman, Committee on Education and the Workforce, House of Representatives follows up on a previous report by the U.S. General Accounting Office to determine changes in college affordability at public and private 4-year colleges and public 2-year colleges in the last 5 years. The analysis focused on comparing changes in college tuition and fees, median household income, and the Consumer Price Index (CPI) for academic years 1995-96 through 1999-2000. In conducting this work, tuition and fee data on public and private 4-year colleges and on public 2-year colleges were obtained from the College Board. Median household income data from the Census Bureau and CPI data prepared by the Bureau of Labor Statistics were used to compare increases in tuition and fees, median household income, and consumer prices. In summary, in the last 4 years since the last report on tuition increases conducted for academic years 1990-91 through 1995-96, private colleges have continued to become less affordable when compared to median household income while public colleges have become slightly more affordable. Four-year private college tuition and fees increased 31% in the 5 years ending in academic year 1999-2000, a faster rate than median household income and the CPI. The 25% increase at both 2-year and 4-year public colleges was slightly less than the increase in median household income, but about twice the increase of the CPI. Contains seven figures. (EMS)
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: N/A
Authoring Institution: General Accounting Office, Washington, DC. Health, Education, and Human Services Div.