COLIEGE COSTS TO BE UP 6 PERCENT THIS FALL,COLIEGE BOARD SAYS

Sep 28, 2026

Uploaded by hdkawk

College Board estimates show tuition and related college costs will rise about 6% in 1986-87 compared with the prior year, continuing a three-year pattern of increases between 6% and 7%. The rise is described as slower than earlier early-1980s growth, but still outpacing general Consumer Price Index inflation. Costs vary by school type: public four-year, private four-year, and two-year public commuters all face different total increases. The article also discusses financial-aid levels, the role of higher-cost institutions, and planning implications tied to policy uncertainties.

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COLIEGE COSTS TO BE UP 6 PERCENT THIS FALL,COLIEGE BOARD SAYS

Estimated cost increases by institution type

Financial aid expectations and planning context

FACULTY RETIRING EARLIER AND LIVING LONGER,TIAA-CREF REPORTS

Vo1。14,No。148 Fr1day,August1,1986 # COLIEGE COSTS TO BE UP 6 PERCENT THIS FALL,COLIEGE BOARD SAYS Students planning their budgets for the upcoming academic year can expect topay 6 percent more in 1986-87 than they did last year,the College Boardreports today. The increase marks the third consecutive year that costs have risen between6 percent and 7 percent,College Board President George Hanford said in astatement.During the early 1980s,costs were rising at an annual rate of10 percent to 11 percent. "Most students will face a slightly lower increase [than the average 6 percentincrease]in their total expenes because they will be enrolling in public co1-leges and universities where this year's hike is a little less,"Hanford said. Costs at four-year public intitutions will rise 5 percent this year,accordingto the College Board,reaching $5,604 for those who live on campus.At four-year private colleges,total average costs will rise 6 percent,to $10,199 forresident students.Students who commute to two-year public colleges face anaverage increase of 5 percent,to $3,768 in total costs. While college cost inflation has slowed,it still gallops ahead of the ConsumerPrice Index inflation rate, which was just 1.7 percent forthe year ending in June.College Board's percentageincreases are not adjusted forinflation. | Average Annual College Cost Increases,
1985-86 and 1986-87 | | | | | --- | --- | --- | --- | | | 1985-86
Average | 1986-87
Average | Peroent
Inereas | | Tuftion and Foes | | | | | $635
Two-year public colleges | | 3663 | 4% | | 3,625
Two-year private olleges | | 3,910 | 8 | | 1,267
Four-yeer public colleges | | 1,337 | 6 | | 5,353
Fouryeer private colleges | | 5,793 | 8 | | Total Coate to Resident Students | | | | | Two-yeerpublic colleges | -.1 | -. | 1 | | 7,601
Two-yoar private colleges | | 8,056 | 6 | | 5,339
Four-yeer public colleges | | 5,604 | 5 | | 9,594
Four-yeer private colleges | | 10,199 | 6 | | Total Costs to Commuters | | | | | 3,603
Two-year public colleges | | 3,768 | 5 | | 6,376
Two-year private colleges
4,265
Four-yeer public colleges
8,282
Four-year private colleges | | 6,757
4,467
8,809 | 6
5
6 | | Sample ma amal to provide meaninglulstarstlkes.
Souroe:The Colege Boad Annua/Suneyd Cologe | | | | College Board estimates arebased on survey responses from 1,797 colleges that reporteddata for both the current andprior years.They includetuition and fees,room andboard,books,supplies,per-sonal items and transporta-tion. As he did last year,Hanfordtried to cheer students andtheir families,saying that(more) # COLLEGE COSTS TO BE UP 6 PERCENT THIS FALL(Cont.) "the good news this year is that there will be more than $20 billion availablein financial aid from public and private sources."Hanford last year predictedfinancial aid would come to $16 billion,but it actually reached about $21 bil-1ion,said College Board spokeswoman Janice Gams。 “And higher-cost colleges tend to have more aid available than do lower-costcolleges …to help eligible students fil1 the gap between what it costs themto attend college and what they can afford,"Hanford added. But Hanford said the threat of such legislation as the Gramm-Rudman-Hollingsdeficit reduction law and the pending tax reform bill "makes planning for col-lege more important than ever."If the priclest schools call for the earliestplanning,then families eyeing private,Northeastern schools should begin now. The dozen costliest four-year colleges are all in New York and New England,andthe most expensive of them is nudging $17,000:Bennington College,Bennington,Vt.,with fixed costs at $16,950.After Bennington come Barnard College,NewYork,at $16,530 and Sarah Lawrence College,Bronxville,N.Y.,at $16,385. The most expensive four-year public college

FAQs

How much does the College Board expect college costs to rise in 1986-87?

Costs are expected to be up about 6 percent in 1986-87 compared with 1985-86.

Which inflation metric does the article compare the college-cost increases against?

The article compares the increases with the Consumer Price Index inflation rate, described as 1.7 percent for the year ending in June.

What does TIAA-CREF’s survey say about college faculty retirement timing?

It reports retirement begins earlier and lasts longer, with about 35 percent of pension recipients retiring between ages 56 and 63 in 1985 versus 24 percent a decade earlier.

Sep 28, 2026

Uploaded by hdkawk