OCTOBER 23, 2024 | written by STEVE ULRICH

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🏛️ The Cost of College Tuition Is Shrinking
💰️ Charlie Baker Thinks There’s Room for Private Equity in College Sports
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TOP STORY
1. The Cost of College Tuition Is Shrinking

by Dan Bauman, Chronicle of Higher Education

“The actual price of tuition at many of America’s colleges continued a steady, decade-long decline as the sector enters an era of shrinking high-school enrollments and greater competition, according to analysis released Monday by the College Board.

While sticker prices have continued to balloon to as large as $100,000 at some private, nonprofit universities, the average net price — the remaining cost of tuition after institutional and grant aid is deducted — for undergraduate students entering their freshman year at these institutions clocked in at $16,510 for the 2024-25 academic year, down from $19,330 in 2006-07 (adjusted for inflation to 2024 dollars).

Net prices at public institutions followed similar trend lines: $2,480 was the average amount charged in 2024-25 at in-state, four-year institutions, down from $4,340 in 2012-13 (inflation adjusted); and, according to the College Board, freshmen attending two-year colleges continue to receive on average enough grant aid to cover tuition and fees, a trend that dates back to 2009-10.”

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