Some things are inevitable but, as new data about regional tuition inflation in the US recently released by The College Board indicates, however, the old standards of death and taxes are just the tip of the iceberg. The phenomenon of tuition inflation has, broadly applied, seen tuition rates at US colleges and universities increase at about twice the general inflation rate for more than two decades and this report reveals that the 2012-2013 academic year was no different. While the headline numbers show that the public in-state (4.8%), public out-of-state (4.2%), and private (4.2%) actually grew at a lower rate than the historical average of 6.2%, the rate is still higher than general inflation (2.16%) and, moreover, a closer look at the numbers reveals a still less-rosy picture beneath the surface. Read the rest of this entry »
The rising cost of higher education is a fact of life for students of all backgrounds. In fact, over the last 20 years college tuition increased, on average, by 6.2% annually – a figure which is more than double the country’s 2.8% general inflation rate. Despite this, higher education still represents a vital investment to many students and college enrollment has increased dramatically over the same period. International student enrollment in particular is at an all-time high. While the flow of eager international student and scholars shows no sign of abating, however, the Institute of International Education’s Open Doors report indicates that primary sources of funding for international students are changing. Read the rest of this entry »
It should come as no surprise that the cost of higher education in the United States is at an all-time high. Even for domestic students costs have risen, on average, 6.2% a year over the last twenty years and international students are all too aware. International students, in general, are required to pay out-of-state tuition even at public universities and they may also have additional fees on top of this.
Thus the news that international student fees are also on the rise no doubt comes as unwelcome news. As a recent report from U.S.News & World Report indicates, however, not only is there a reason for these fees but also – more importantly – a significant benefit. Read the rest of this entry »