Delta Cost Project Report Outlines Trends in College Spending
There’s good news and bad news when it comes to how much of a financial burden students and families are shouldering for a college education.
The good news? The share of tuition that covers educational costs at institutions didn’t go up much in 2013, the most recent year studied by the Delta Cost Project in its new report “Trends in College Spending: 2003-2013,” released Tuesday. The bad news? Students and families, through tuition, have been shouldering a much larger portion of educational costs ever since the recession hit in 2008. The increase is, on average, 10 percentage points.