Tuition Fees from previous years

[wired202808]

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Hey fellas, is there a list or place where I can find the tuition fees of all d-schools over the last few years. I know the ADEA book only has the info for that particular year, but I want to go back and see how much tuition rose over 4 years at certain schools

 

[baseballplayer9]

Hey fellas, is there a list or place where I can find the tuition fees of all d-schools over the last few years. I know the ADEA book only has the info for that particular year, but I want to go back and see how much tuition rose over 4 years at certain schools

I have a 2 year old ADEA book that lists 2009-10 tuition. At least for Penn, 2009-2010 tuition of 56,690 to the current 2011-2012 tuition of 61,316 is exactly a 4% increase in tuition for each of the last two years. I also spoke with the financial aid lady from Detroit Mercy and she said tuition/fees goes up 3-5% per year. Columbia financial aid lady said 3-4% per year.. so I assume it's around 4% for most schools. Hope this helps!

 

[wired202808]

I have a 2 year old ADEA book that lists 2009-10 tuition. At least for Penn, 2009-2010 tuition of 56,690 to the current 2011-2012 tuition of 61,316 is exactly a 4% increase in tuition for each of the last two years. I also spoke with the financial aid lady from Detroit Mercy and she said tuition/fees goes up 3-5% per year. Columbia financial aid lady said 3-4% per year.. so I assume it's around 4% for most schools. Hope this helps!

Thanks baseball! thats what I assumed. I did my own research and tried to google a bunch of old tuition rates and its crazy that most schools seem to have the 3 to 5% if not 5 to 10% increases in tuition. That totally changes the assumption one has above d-school tuition when they start as a D1 and end as a D4.

 

[baseballplayer9]

Thanks baseball! thats what I assumed. I did my own research and tried to google a bunch of old tuition rates and its crazy that most schools seem to have the 3 to 5% if not 5 to 10% increases in tuition. That totally changes the assumption one has above d-school tuition when they start as a D1 and end as a D4.

I know I don't see how it can continue at this rate! I've been calculating the cost of the schools with the 4% inc. per year and instate 30K tuition/fees at 4% is a hell of a lot better than watching that 61K Penn tuition (plus fees) rise at 4% per year lol.

 

[wired202808]

I know I don't see how it can continue at this rate! I've been calculating the cost of the schools with the 4% inc. per year and instate 30K tuition/fees at 4% is a hell of a lot better than watching that 61K Penn tuition (plus fees) rise at 4% per year lol.

haha so true, where do you intend on attending?

 

[r2thekesh]

Some schools (mostly state schools with huge budget deficits) can see increases of 6-10%. I've been told that by a school on an interview.

 

[wired202808]

Some schools (mostly state schools with huge budget deficits) can see increases of 6-10%. I've been told that by a school on an interview.

True but I noticed NYU went up one year by about 10% as well. So no one is truly protected from tuition gouging. 🙁

 

[Bereno]

When determining my yearly loans, I usually assume a 10% increase in tuition with a 5% increase in living expenses, and a flat 7.9% interest rate for loans. I know that these could be on the high side for many schools, but these can also be low for others. All said and done, I use this to try and predict what my loans will be in X year.

Here is an example if you would like:

First, lets just look at the face value of our loans:
$50,000 tuition and fees, $20,000 living = $70,000 per year. $70,000*4 years = $280,000 in loans

Now lets add price increases:
D1: $50,000 tuition and fees, $20,000 living = $70,000 loan
D2: $50,000*1.10 = $55,000 tuition and fees, $20,000*1.05 = $21,000 living = $76,000 loan
D3: $55,000*1.10 = $60,500 tuition and fees, $21,000*1.05 = $22,050 living, = $82,550 loan
D4: $60,500*1.10 = $66,550 tuition and fees, $22,050*1.05 = $23,153living, = $89,703 loan
Total loans before interest: $318,253 in loans

Now lets add a 7.9% interest. (remember not all of those loans will be at 7.9%, so these estimates are high):
D1: $70,000*(1+7.9%)^4 = $94,882
D2: $76,000*(1+7.9%)^3 = $95,472
D3: $82,550*(1+7.9%)^2 = $96,108
D4: $89,703*(1+7.9%)^1 = $96,789
Total debt on the day of graduation: $383,252 in loans

hope this helps

 

[wizi]

Now lets add a 7.9% interest. (remember not all of those loans will be at 7.9%, so these estimates are high):
D1: $70,000*(1+7.9%)^4 = $94,882
D2: $76,000*(1+7.9%)^3 = $95,472
D3: $82,550*(1+7.9%)^2 = $96,108
D4: $89,703*(1+7.9%)^1 = $96,789
Total debt on the day of graduation: $383,252 in loans

hope this helps

Every year costs a damn nice BMW... 😡

At USC, every year costs a Ferrari .... 😡

 

[mi2ni]

Bereno...man I wish you hadn't done that. I was trying to avoid that calculation for as long as possible. My only options are all private schools and tuition is more that 50k for all of them.

 

[wired202808]

When determining my yearly loans, I usually assume a 10% increase in tuition with a 5% increase in living expenses, and a flat 7.9% interest rate for loans. I know that these could be on the high side for many schools, but these can also be low for others. All said and done, I use this to try and predict what my loans will be in X year.

Here is an example if you would like:

First, lets just look at the face value of our loans:
$50,000 tuition and fees, $20,000 living = $70,000 per year. $70,000*4 years = $280,000 in loans

Now lets add price increases:
D1: $50,000 tuition and fees, $20,000 living = $70,000 loan
D2: $50,000*1.10 = $55,000 tuition and fees, $20,000*1.05 = $21,000 living = $76,000 loan
D3: $55,000*1.10 = $60,500 tuition and fees, $21,000*1.05 = $22,050 living, = $82,550 loan
D4: $60,500*1.10 = $66,550 tuition and fees, $22,050*1.05 = $23,153living, = $89,703 loan
Total loans before interest: $318,253 in loans

Now lets add a 7.9% interest. (remember not all of those loans will be at 7.9%, so these estimates are high):
D1: $70,000*(1+7.9%)^4 = $94,882
D2: $76,000*(1+7.9%)^3 = $95,472
D3: $82,550*(1+7.9%)^2 = $96,108
D4: $89,703*(1+7.9%)^1 = $96,789
Total debt on the day of graduation: $383,252 in loans

hope this helps

ye good estimate. I would chop it down a bit to like 6% tuition increase and 3% increases for food and rent. I'm also planning to take out various loans amounts in various years. so my calc would be different. but this is a good start.