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College tuition in the United States is one of the costs of a post-secondary education. The total cost of college is called the cost of attendance (or, informally, the "sticker price") and, in addition to tuition, can include room and board and fees for facilities such as books, transportation, or commuting provided by the college.
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
The following graph shows the inflation rates of general costs of living (for urban consumers; the CPI-U), medical costs (medical costs component of the consumer price index (CPI)), and college and tuition and fees for private four-year colleges (from College Board data) from 1978 to 2008. All rates are computed relative to 1978.
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Ohio State University's Board of Trustees plan to meet Friday to approve increasing tuition and fees for incoming students.
'Hard work': Ohio mom makes salads and sandwiches at college cafeteria so she can qualify for a stunning 95% off in tuition fees for her kids Serah Louis March 24, 2024 at 4:34 AM
Baccalaureate college 3,695 1871 Ohio State University [16] Columbus: Public Doctoral/highest research university 58,322 1870 Ohio Technical College: Cleveland: Private for-profit Associate's college 1,500 1969 Ohio Wesleyan University: Delaware: Private not-for profit Baccalaureate college 1,734 1842 Otterbein University: Westerville: Private ...
Twenty-five Columbus-area high school students will attend Ohio Wesleyan University tuition-free thanks to a new partnership with the Columbus-based college-access organization I Know I Can.