How Much Does College Tuition Cost?

After high school graduation, many students will shuffle off to college. Whether you earn a two-year Associate’s degree in culinary arts or Bachelor’s degree in English, higher education is required. The cost of college tuition is generally based upon the type of institution you attend, the number of years of study, and whether or not you are a local resident.

 

The Cost of College Tuition

From the local junior college to a prestigious Ivy League education, the average costs for tuition at college include:

• Community College: The publicly funded institutions that offer certificates, diplomas, and Associate’s degrees are called community colleges. Full-time tuition at this type of school averages between $600 and $5,400 per year. The American Association of Community Colleges estimates the average cost of one year at community college as $2,361 [1]. Since community colleges are funded locally, tuition for out-of-state residents is higher and generally costs about $5,490 to $10,800 per year.

• Public four-year colleges charge an average of $7,020 per year in tuition and fees for in-state students, while full-time out-of-state students pay about $11,528 [2].

• Private four-year colleges cost an average of $26,273 per year in tuition and fees.

• Public two-year colleges cost an average of $2,544 per year in tuition and fees.

• Ivy League College: Some of the most expensive college tuitions in the United States are with colleges belonging to the Ivy League. The annual cost of tuition is between $27,428 and $39,296 per year.

Sources:

[1] http://www.aacc.nche.edu/newsevents/pressreleases/Pages/pr01272009.aspx
[2] http://www.collegeboard.com/student/pay/add-it-up/4494.html

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