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These costs factor in tuition, housing, food, university fees, and supplies such as textbooks, manuals, and uniforms. Two year public universities, such as a community college, factor in tuition and fees, and have an average yearly cost of $3,730. The average tuition and fees for for-profit institutions were 14,600. [1]
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
Cost of living increased roughly 3.25-fold during this time; medical costs inflated roughly 6-fold; but college tuition and fees inflation approached 10-fold. Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation.
The total cost of attendance (indicating the cost of tuition, fees, and living expenses) at Chicago-Kent for the 2013–2014 academic year is $64,867. [21] The Law School Transparency estimated debt-financed cost of attendance for three years is $239,727. [22]
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.
Eastern Illinois University has roughly 8,500 students. As of 2024, tuition is approximately $10,150 for all domestic undergraduates, while it is $12,688 for international undergraduates. Additional fees amount to $3,506.68. [13] The university estimates its average cost-of-attendance to be approximately $24,640 per academic year. [14]
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The University of Illinois ... a campaign put on by the Athletics Department to increase student involvement and attendance at games. ... which was estimated to cost ...