The average total tuition fees in the US colleges were increasing in year on year basis capping at $23,091 last year, NCES data show.
Seeking a higher education in the US carries along the way a large financial burden on you, but it’s necessary if you want to get a good job afterward.
Because of such need, many people are considering to continue their education at higher levels. Although traditionally the US universities are known for higher tuition fees, the mounting desire to seek higher education seems to have led them unilaterally increase their expenses.
These expenses include tuition, fees, dormitory, and board and the price of each of them has taken higher and higher value through the years.
Total expenses in US colleges have only experienced an upward trajectory, reaching the highest amount in 2016/17 by so far at $23,091.
Back in 2009/10, a student at a US college had to pay on average $19,761 per an academic year. Five years later it grew at $22,278, an increase by less than 13 percent.
In 2016/17, a student accommodated in a dormitory room had to pay $6,106, some $4,765 for the board and $12,219 to cover college tuition and fees.
By contrast, in 2009/10 it cost $5,215 to occupy a dormitory room, $10,227 to cover tuition and fees and $4,318.
In some respect, this gives us a general picture of how much it costs to seek higher education in the US, but we must be aware that the overall cost may vary from college to college.
The US colleges rely much on being very expensive, high-quality education, and low enrollment rate. Students, on the other side, aim higher and higher level of education so they can increase the chances of finding a good job in their future in the actual tougher labor market.
And because attaining such higher level of education has become a necessity an increased portion of people are now seeking higher education, at any cost. Some believe that this flux toward US colleges gives them the opportunity to unilaterally increase tuition fees for years on.
By doing so, they established and cultivated a myth among students of being elite universities that you can only reach at higher expense but which worth the cost.