This annual report on college affordability provides information pertinent to tuition and fee decision making designed to assist Illinois college and university governing boards in finding a balance between keeping college affordable for students and generating sufficient revenue to defray a portion of the cost of providing quality instruction. Trends identified by a 1995 national survey of trends in tuition are reported from 1989-90 through 1995-96 and compared with Illinois figures. The report presents data on tuition and fees separately for Illinois public universities, Illinois community colleges, and private institutions in Illinois. The report also presents data on student financial aid, including grants, loans, tuition waivers and employment. Changes in tuition, fees and financial aid are charted. The report shows that, while the rate of increases in tuition and fees has slowed, increases in tuition and fees exceed inflation and income growth; and that, while student financial aid has increased, it has not kept pace with tuition and fee increases. Appended are seven tables presenting data by individual Illinois institutions and a list of private institutions in Illinois. (CK)