Higher Education Flipbook_2024

Rising College Costs $56,190 $24,030 $116,815 $91,528 $71,714 $49,957 $39,142 $30,669 Private Public (in-state) (in 2023 dollars) Over the past decade, total costs for tuition, fees, housing, and food remained unchanged at four-year public colleges and increased by 5% at four-year private colleges, after adjusting for inflation. What will college cost for your child? The chart below projects the future cost of tuition, fees, housing, and food, assuming a 5% annual inflation rate. $60,000 $100,000 $160,000 $140,000 $120,000 $80,000 $40,000 $20,000 $0 Source: College Board, 2023 2023–24 2038–39 2033–34 2028–29 2043–44 $149,089 $63,759

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