In Des Moines Register Interview, Obama Claims He Made College More Affordable, But A Newly Released Report Shows College Costs Continue To Rise
Obama: “I said that we would make sure to make college more affordable — we have.”(“President Releases Transcript Of Register Interview,” Des Moines Register , 10/24/12)
UNDER OBAMA, COLLEGE COSTS CONTINUE TO INCREASE
In The Past Year, Average In-State Tuition For Four-Year Public Colleges Increased 4.8 Percent. “Average published tuition and fees for in-state students at public four-year colleges and universities increased from $8,256 in 2011-12 to $8,655 in 2012-13. The 4.8% increase in tuition and fees was accompanied by a $325 (3.7%) increase in room and board charges for students living on campus. At $9,205, room and board charges account for more than half of the total charges for these students.” (“Trends In College Pricing 2011,” College Board, 2012-13)
- “Room-And-Board Charges Grew By A Comparable Amount, Raising The Full Cost For Students Living On Campus To $17,860.” (“Latest College Cost Hikes Modest, But Still Bite, College Board Figures Show,” The Associated Press , 10/24/12)
In The Past Year, Average Tuition For Public Two-Year Colleges Rose 5.8 Percent.“Average published in-state tuition and fees at public two-year colleges increased by $172 (5.8%), from $2,959 in 2011-12 to $3,131 in 2012-13.” (“Trends In College Pricing 2011,”College Board, 2012-13)
Sandy Baum , Senior Policy Analyst At The College Board : “ The Burden On Students Is Rising.” “‘The burden on students is rising. The federal government cannot and will not continue their (subsidies) at the same rate,’ Baum said.” (Kathleen Kingsbury, “College Costs Stall As Borrowing Falls, Study Says,” Reuters, 10/24/12)
Due To A Decrease In Pell Grants, “The Average Family Is Now Paying $960 More Per Year For A Public College Education Than It Was Three Years Ago, A 49 Percent Increase In Net Costs.” “Overall, federal grants declined to $49 billion last year, after doubling from $26 billion in the fall of 2008 to $52 billion for the 2010-2011 school year, according to the College Board. Policy changes, falling enrollments and economic conditions are all factors behind this drop. A significant cause was the end in 2011 of a three-year experiment that allowed students to qualify for two Pell Grants per calendar year and attend school year-round. Secretary of Education Arne Duncan has said the decision to cut the program was made in order to sustain the Pell’s maximum grant at $5,500 amid budget deficits. As a result, the average family is now paying $960 more per year for a public college education than it was three years ago, a 49 percent increase in net costs, the College Board said.” (Kathleen Kingsbury, “College Costs Stall As Borrowing Falls, Study Says,” Reuters, 10/24/12)
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