As the world’s excellent education system, the United States is undoubtedly the first choice for many students when choosing schools. But at the same time, the high tuition fees also put pressure on many working families.
According to the College Board,tuition and fees at private four-year colleges have more than doubled on average over the past 30 years.
Recently,several American universities announced another increase in tuition fees.
40 + Colleges Across the United States Have Increased Tuition
According to incomplete statistics, more than 40 private and public universities in the United States have quietly raised tuition fees recently. In the top 50 universities in the United States,there are nearly 40 good college tuition is rising!
It can be seen that not only the tuition of private universities is rising rapidly, but also the public universities in the United States are adjusting according to the financial situation of the universities. For example, the University of Illinois at Urbana-Champaign, which has not increased tuition for five years in a row, plans to increase annual tuition for in-state undergraduate students by1.9% to $12,712 per academic year in 2023-2024, while out-of-state and international students by 2.2% to 2.5% per year.
However, if you want to study in the United States, in addition to the application competition of “thousands of soldiers and horses crossing the single-plank bridge,” you must also see whether your “wallet” can afford the high education cost of the dream school.
I heard that 2023-24 school year,some of the Top private schools in the United States have paid more than $90,000 in tuition fees?
Private universities in the United States spend up to $90,000 a year
According to official data, the tuition of American universities is almost always rising in the 2023-24 academic year, taking undergraduate tuition as an example:
Princeton’s tuition rose to $59,710 from $57,410– a 4% increase — bringing the total annual cost to $83,140
Harvard’s tuition rose from $52,659 to $54,269 this year- with tuition and room and board rising to as much as $87,450 a year
Tuition and fees at MIT rose to $60,156- an increase of about 3.75% – bringing the total cost of attendance to $82,730 per year;
Tuition at Stanford rose to $61,731- the total cost of attendance was $82,406 per year
It is worth noting that the 2021-22 undergraduate tuition at Stanford University is the same as the previous year, increasing by 4% last year, but this year it has risen especially sharply, as high as 7%. In total, this year’s undergraduate students will spend about 100 thousand yuan more than last year’s students after completing the four-year program.
Yale, which soared to $80,000 last year($83,880), including $64,700 in tuition and $19,180 in room and board, is still up 3.9% this year.
I have to say that American private universities understand “tuition increases.”
Compared with last year’s data, it can be found that all private universities that have updated the tuition standards for the 2023-24 academic year have increased tuition, tuition and fees, and room and board fees to varying degrees, and the increase has mostly stabilized at about 3% -5%. In the wake of this boom, thetotal cost of some private colleges in the United States has exceeded $90, 000.
Tuition at public universities has also changed.
Tuition changes at public universities are a little more complicated, but not nearly as “outrageous” as at private universities.
First, let’s look at UC. In July 2021, the University of California passed a tuition proposal, announcing that starting in the fall of 2022, tuition for undergraduate freshmen and transfer students will increase each year.
In addition to the UC department, the University of Virginia, the University of Wisconsin-Madison, the University of Illinois at Urbana-Champaign, the Ohio State University at Columbus, and the University of Maryland at College Park all saw in-state and out-of-state tuition increases over previous years; The University of North Carolina at Chapel Hill only increased tuition for out-of-state students.
In the 2023-24 academic year, Purdue University will continue to freeze the existing tuition standards, which has been the12th consecutive year of tuition increases. Other public schools with the same “conscience” as Purdue are the University of Florida, the University of Texas at Austin and the Georgia Institute of Technology, where basic tuition has not increased at all!
Although college tuition in the United States is increasing year by year, in order to provide students with a quality education that is “worth every penny,” schools spend far more money than we think.
More than 90% of the American universities we know are “not-for-profit,” and all the money they earn from their operationsmust be spent on scholarships, research, and investments.
The tuition income of the “non-profit university” is used to pay the staff salaries, improve the school’s teaching facilities, research projects, living facilities and a series of operating costs.We can only make ends meet on tuition fees, which can only be filled by alumni donations, investment income, and government grants.
Therefore, there are too many factors behind the tuition increase in the top universities in the United States, and students and parents need to be rational about the tuition increase.
2023 Best American Colleges for Middle-Class Families
Recently, the Niche website also released the “2023 Most Suitable American University for Middle-born Families” ranking for everyone’s concern.
He has a clear definition of “middle-class family” income,which means that the annual household income is between $30,000 and $79,000 (about 20-55w RMB).At least 20% of the students in this list are from this income group.
For this ranking, the Niche website combines
Academic grades of American universities (40%)
Value potential (including student loan rate, alumni income, etc., 27.5%)
l Quality of Professors (7.5%)
l Campus environment (5%)
l Geographic location (5%)
Therefore, the conclusion is more in line with the expectations of middle class families for higher education. Throughout the list,there are many public universities with high cost performance, such as UCLA, UC Berkeley, University of Michigan and Florida.
In addition, many private elite universities and liberal arts colleges in the United States still occupy most of the seats on this list because they are supportive of middle-class families in terms of financial aid and scholarship policies. Examples include the Massachusetts Institute of Technology (MIT), Stanford University, the three “Harvard of the South,” Rice University, Duke University, Vanderbilt University, and top liberal arts colleges like Pomona, Bowdoin, and Swarthmore.
Best American University for Middle Families TOP50