A report released Thursday by the Center for College Affordability and Productivity found that the rising cost of attending college is primarily attributable to an increase in the cost of non-tuition expenses such as textbooks and housing rather than growing net tuition costs. While the cost of attending a four-year college has risen about $3,000 per student since the 1999-2000 school year, the report found, only about $1,000 of that is attributable to increased net tuition. Financial aid has managed to keep the increase in per-student net prices at about $1,000 while sticker prices rose about $3,000.
The report also found that four-year colleges have increased per-student revenues over the past 10 years. "At the four-year level, the significant increase in tuition revenue undermines the common argument that colleges are pursuing a high-tuition/high-aid model (where any increase in tuition is used to offer more scholarships and aid)," the report states.
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