COA: The Greatest Percentage Increase

[proud2bherdad]

<p>As the title states, this is a thread
about the increase in the COA for
higher education from 2005-2006
to 2006-2007. More specifically,
what individual school has the dubious
honor of having the greatest percentage
increase?</p>

<h1>1 nomination: Bryn Mawr College</h1>

<p>COA increased from $40,560 to $43,560
a 7.159 % increase.</p>

<p>Can you top that?</p>

[emeraldkity4]

<p>

The report’s numbers come from the U.S. Bureau of Economic Analysis; the U.S. Bureau of the Census; the National Association of State Budget Officers; the National Center for Higher Education Management Systems; the Washington (state) Higher Education Coordinating Board; and the annual “Grapevine” report published by the Center for the Study of Education Policy, at Illinois State University.</p>

<p>They show that state support for higher education, measured in current dollars, increased only 1.2 percent, a sharp decline from last year’s 3.5 percent and the smallest increase in a decade. Appropriations dropped in 14 states, with the largest decline-11 percent-in Oregon.</p>

<p>Tuition and mandatory fee charges at four-year public institutions rose in every state, startlingly so in some cases. In Massachusetts, for instance, tuition jumped from $3,295 to $4,075, an increase of 24 percent, largest in the nation. Iowa, Missouri and Texas increased tuition and required fees by 20 percent, North Carolina by 19 percent, Ohio by 17 percent. Sixteen states increased tuition and fees by more than 10 percent.</p>

<p>Tuition increased by just two percent in New York State last year, but Governor George Pataki, after cutting the State University of New York’s 2003-2004 budget by $184 million, proposed a 35 percent increase in SUNY undergraduate tuition. The governor trimmed the City University of New York budget by $83 million, but left it up to the system’s governing board to determine tuition charges.</p>

<p>Community college tuition and mandatory fees rose in all but two states (California and Maine), with 10 states registering increases of more than 10 percent. The biggest increases were in Massachusetts and South Carolina, where charges jumped 26 percent.

Im trying to find updated numbers
but I have an impression- it wont be much different this year for many public schools
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[bandit_TX]

<p>While Harvard went up overall this year, our personal COA went down slightly. You need to look at what FA is doing at the same time.</p>

[emeraldkity4]

<p>that is something that some of the flagship universities are doing- raising tuition, but also supposedly raising financial aid-
I am skeptical however
My D applied to 4 public schools- 3 instate.
Our EFC was roughly the COA for the instate publics.
Although her academic profile, was significantly higher than the instate schools, only one offered her a merit scholarship.</p>

<p>Now schools like the Ivys and other well endowed schools, can and do give very nice aid packages, some 100% grants. But this is need based- and while we are definitely not in the market that doesn’t expect any need based aid, raising tuition, is going to impact what families can afford.</p>

<p>More schools are going to need aware status, they seem to be finding that they have a wealth of students who are well suited for admission, but also qualify for significant need based aid. Schools don’t have ( outside of Princeton et. al) have bottomless pockets ( but neither do parents)</p>

[proud2bherdad]

<p>For most students the loan
packages go up from the
1st year to the 2nd year &
from the 2nd year to the 3rd
year. </p>

<p>$2650 to $3500 and
from $3500 to $5000.<br>
Throw in the additional $3000
increase for COA, the percentage
of increase is around 10%</p>