New Federal Data on College Costs Is Released

The Education Department’s National Center for Education Statistics on Tuesday published new federal data on student financial aid, including the average price of attendance before aid and the net price of attendance for first-time undergraduate students. For those students attending public four-year institutions in the 2010-11 academic year, average price before aid was roughly $17,600 and the net price was approximately $11,000. For students attending private, nonprofit four-year colleges, average price before aid was about $34,000 and net price was roughly $19,800. At for-profit four-year institutions, the average price before aid was roughly $27,900, while the net price was slightly more than $22,500, the report said.

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