What Is The Toughest Challenge Facing Your Career?
Tuition hikes, stagnant growth in federal aid and increases in other expenses have pushed public college costs to new heights yet again.
To attend an in-state public college for the 2012-13 academic year, the average overall cost (or "sticker price") for students who don't receive any financial aid rose 3.8% to a record $22,261, according to the report.
Tuition and fees climbed 4.2% at four-year private schools to an average of $29,056 this year. Overall prices were 4% higher at $43,289. But with more than 80% of students receiving scholarships or grants, the average private college student will pay a net price of about $27,600 -- a 5.6% increase from last year.