College tuition costs rising at a higher rate
Budgets may be tight for most Americans, but that hasn't stopped colleges and universities from raising tuition. Public universities, which are typically perceived as a more affordable option, are really turning up the heat on students thanks to rising debts in both state and local governments.
As a result, the average tuition and fees for in-state public schools, over the past year, increased by 7.9% to $7,605, compared to an average 4.5% increase at private universities, with an average price of $27,293, according to the College Board's Trends in College Pricing 2010 report.