Wednesday, November 5, 2008

College Cost Shock!

College prices rose slightly faster than inflation during the 2008-09 school year. This is shocking news for those who have followed college costs for years. Normally the increase is double and many times triple the rate of inflation.

During the 2008-09 school year tuition and fees rose on average from 4.5% to 6.5% for various types of institutions. In California, Cal State East Bay rose 3.9%, Cal Poly SLO 7.5%, UCLA 7.3%, San Jose State 9.9%, UC Davis 6.5%, USC 5.8%, Stanford 3.5% and Santa Clara University 5.9%. These increases do not include room and board and other indirect costs.

Homer Sweeney

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