Thursday, July 23, 2015
New Data on Postsecondary Tuition, Fees and Degrees
Between 2012-13 and 2014-15, the average tuition and required fees at 4-year public institutions (after adjusting for inflation) increased approximately the same for both in-state and out-of-state students (a nearly 3 percent increase for both). During that same time period, 4-year nonprofit institutions increased overall at 3 percent. However, for-profit institutions reported a 2 percent decrease.
This First Look presents findings from the Integrated Postsecondary Education Data System (IPEDS) fall 2014 data collection, which included three survey components: institutional characteristics for 2014-15—such as degrees offered, type of program, application information, and tuition and other costs; the number and type of degrees conferred from July 2013 through June 2014; and 12-month enrollment data for the 2013-14 academic year.
Other findings include:
• In 2014-15, of the 7,311 Title IV institutions in the United States and other U.S. jurisdictions, 3,100 were classified as 4-year institutions, 2,156 were 2-year institutions, and the remaining 2,055 were less-than-2-year institutions.
• Of the roughly 3.2 million students receiving degrees at 4-year Title IV institutions, 58 percent received a bachelor’s degree. This percentage varied by control of institution, with 65 percent of the 1.8 million students at public institutions receiving a bachelor’s degree, 53 percent of the roughly 1.0 million students at private nonprofit institutions receiving a bachelor’s degree, and 39 percent of the roughly 355,000 student at private for-profit institutions receiving a bachelor’s degree.
• Institutions reported a 12-month unduplicated headcount enrollment totaling about 27.8 million individual students. Of these, roughly 24.1 million were undergraduates and approximately 3.8 million were graduate students.