trends in higher education series 2006, october 24, 20061 the price of college sandy baum skidmore...

Trends in Higher Education Series 2006, October 24, 20061

www.collegeboard.com

The Price of College

Sandy BaumSkidmore College and the College Board

National Press FoundationOctober 2006



Average Published Charges for Undergraduates 2006-07 (Enrollment-Weighted)

Source: The College Board, Trends in College Pricing, 2006, Table 1.



Sample Average Undergraduate Budgets, 2006-07 (Enrollment-Weighted)

Source: The College Board, Trends in College Pricing, 2006



Distribution of Full-Time Undergraduates at Public and Private Four-Year Institutions by Published Tuition and Fee Charges, 2006-07

Source: Annual Survey of Colleges, The College Board, New York, NY.




Average Published Tuition and Fee Charges, Five-Year Intervals, 1976-77 to 2006-07 (Enrollment-Weighted)

Source: 1987-88 to 2006-07: data from Annual Survey of Colleges, The College Board, New York, NY, weighted by full-time undergraduate enrollment;

1976-77 to 1986-87: data from Integrated Postsecondary Education Data System (IPEDS), National Center for Education Statistics, weighted by full-time

equivalent enrollment.




Public 4-Year Institutions: Tuition, Fee, Room, and Board (TFRB) Charges by College Board Regionin Constant (2006) Dollars, 1996-97 and 2006-07 (Enrollment-Weighted)





Net Price: Published Tuition and Fee Charges Compared to Tuition and Fees After Average Grant And Education Tax Benefits Per Full-Time Undergraduate Student by Type of Institution, in Constant (2006) Dollars, 1996-97 to 2006-07

Source: The College Board, Trends in College Pricing, 2006, Unpublished.



Published Tuition and Fee Charges Compared to Tuition and Fees After Grants and Education Tax Benefits, Full-Time Dependent Students in Constant (2003) Dollars, 1992-93 to 2003-04

Source: NPSAS: 1993, 1996,

2000, 2004, Undergraduates;

calculations by authors.




Net Prices Relative to Family Incomes: Public Institutions

Full-Time Dependent Student Net Tuition & Fees and Net Cost of Attendance (COA) as a Percentage of Family Income,

1992-93 and 2003-04

Source: NPSAS: 1993 Undergraduates, NPSAS: 2004 Undergraduates; calculations by the authors.



Published Tuition and Fee Charges Compared to Tuition and Fees After Grants and Education Tax Benefits, Full-Time Dependent Students in Constant (2003) Dollars, 1992-93 and 2003-04


Source: NPSAS: 1993, 1996,

2000, 2004, Undergraduates;




Net Prices Relative to Family Incomes: Private Nonprofit and For-Profit Institutions

Full-Time Dependent Student Net Tuition & Fees and Net Cost of Attendance (COA) as a Percentage of Family Income,

1992-93 and 2003-04

Source: NCES, 2004, Digest of Education Statistics, Table 181.



Number of Postsecondary Institutions Attended by Students Who Earned a Bachelor’s Degree with Average Time-to-Degree, 1999–2000

Source: NCES, 2005, The Road Less Traveled, NCES-157, Tables 8a, 8b, and 8c (Figure 11a), Tables 3c and 4c (Figure 11b),

based on Beginning Postsecondary Students (BPS) Longitudinal Study, 1996 and 2001.

Source: The College Board, Trends in College Pricing, 2006, Figure 11a.

6.2 years 5.3 years



Percentage of First- and Second-Year Students Who Have Taken a Remedial Course Since High School Graduation and Percentage Taking Remedial Courses in 2003-04 by Type of Institution

Source: NPSAS: 2004 Undergraduates; calculations by the authors.




Source: Table 3a and data online (collegeboard.com/trends); State Higher Education Executive Officers, 2005.


Annual Percentage Changes in Instructional Appropriations and in Tuition and Fees at Public Four-Year Institutions 1980-81 to 2004-05 (Constant 2004 Dollars)




State and Local Appropriations for Higher Education Institutions in Constant (2004) Dollars: Total Appropriations, Appropriations per Full-Time Equivalent (FTE) Student, and Enrollments, 1980-81 to 2004-05



Source: Common Fund Institute, 2006 HEPI Update, Table 3.1.


Percentage Changes in the Prices of Goods and Services Purchased by College and Universities Compared to the CPI and HEPI 2000-01 to 2005-06



Source: Common Fund Institute, 2006 HEPI Update; U.S. Census Bureau, 2006, PINC-03.


Average Salaries of Full Professors at Public and Private Doctoral and Comprehensive Universities and Earnings of All Ph.D.’s in Constant (2005) Dollars, 1977–2005



Source: The College Board, Trends in Student Aid, 2006, Figure 1.

Ten-Year Trend in Funds Used to Finance Postsecondary Education Expenses 1995-96 to 2005-06



Source: The College Board, Trends in Student Aid, 2006

Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Level and Tuition and Fee Charges in Constant (2003) Dollars, 1992-93 and 2003-04

Source: NPSAS: 1993 and

2004, Undergraduates;




Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Level and Tuition and Fee Charges in Constant (2003) Dollars, 1992-93 and 2003-04


Source: NPSAS: 1993 and

2004, Undergraduates;






Income Distribution of Families Within Private Colleges Grouped by Tuition and Fee Charges, 2003-04



Source: NPSAS: 1993 and 2004, Undergraduates; calculations by authors.


Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Public Institutions by Family Income Level in Constant (2003) Dollars, 1992-93 and 2003-04



Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Public Institutions by Family Income Level in Constant (2003) Dollars, 1992-93 and 2003-04 (continued)


Source: NPSAS: 1993 and 2004, Undergraduates; calculations by authors.




Income Distribution of Families Within Public Two-Year and Four-Year Institutions, 2003-04



Source: The College Board, Education Pays, Second Update, 2006

Median Annual Earnings Relative to Earnings of High School Graduates, Males and Females Ages 25–34, 1975–2005

Source: National Center for Education Statistics

(NCES), 2004, Table 14-1, NCES, 2006, Table 22-1 (based on U.S. Census

Bureau, Current Population Survey) and

U.S. Census Bureau, 2006. PINC-03.



Source: The College Board, Education Pays, Second Update, 2006

Source: U.S. Census Bureau, 2004, Table 13; calculations by authors.

Immediate College Enrollment Among Male and Female Recent High School Graduates, by Race/Ethnicity, 2004



Socioeconomic Status, Math Test Scores, and Level of Education

Highest Level of Education in 2000 by Math Test Scores and Socioeconomic Status in High School

(High School Class of 1992)

Source: NCES, 2005

trends in higher education series 2006, october 24, 20061 the price of college sandy baum skidmore...

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