Average in-state tuition at public four-year universities rose by just 2.9% this year, the smallest increase in more than three decades, according to data from the College Board. When adjusted for inflation, it has barely increased at all.
In the current school year, the average cost of tuition and fees at a public, four-year institution for an in-state student is $8,093. At a private four-year university, tuition and fees are more than $30,000. With the cost of tuition for private universities still astronomically high, more students may be opting to attend a public school within their home state.
24/7 Wall St. reviewed College Board’s 2013 Trends In College Pricing’s list of average tuition and fees for in-state students of public colleges and universities for the 2013-2014 school year.