Report Shows Increases in Tuition and Federal Aid
- public four-year colleges and universities raised in-state tuition and fees an average of 8% during the 2010-2011 school year. However, students are receiving record increases in federal grant aid to compensate.
- public four-year colleges and universities have increased at an average annual rate of 6% beyond inflation over the past 10 years, compared to 3% at public two-year colleges and 3% at private nonprofit four-year institutions.
- largest increase in Pell Grant history led to $28.2 billion in grant aid for 7.7 million students during the 2009-2010 school year, which is an increase of almost $10 billion from the previous year.
UC, Cal State proposing tuition hikes this fall – San Jose Mercury News
- UC system is preparing to raise undergraduate tuition by $822 this coming fall, an 8 percent increase that will bring the average cost at the 10 campuses to $12,150
- Cal State trustees, meanwhile, this week will vote on two tuition hikes — 5 percent, or $105, for the second half of the current school year and 10 percent on top of the new fee, or $440, this coming fall. Cal State tuition will cost $4,884 in fall 2011
- UC raised tuition twice in the past year — a 32 percent increase overall, sending the cost past the $10,000 mark for the first time.
- UC Retirement Plan, which went 20 years without contributions by either the university or its employees. The $30 billion fund, which has fallen at least $12 billion behind what it needs to pay retirees, took a 19.2 percent hit in 2008-09.
- UC – from 1990 to 2011 – $2,000 to $11,124 – about 5 times increase in 20 years
- CSU – from 1990 to 2011 – $1,000 to $4,884 – about 5 times increase in 20 years