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College Tuition facts

While investigating facts about College Tuition Costs and College Tuition Tax Credit, I found out little known, but curios details like:

If college students work while going to college their employers can count up to $5200 of their pay as tuition reimbursement and make that amount tax deductible for the student. Only a few percent of employers utilize this.

how college tuition has increased?

A father of five worked 23 years as a custodian for Boston College so all of his children could attend the university for free. They all graduated and together saved nearly $700,000 in tuition. =)

What college tuition is deductible?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what college tuition is tax deductible. Here are 50 of the best facts about College Tuition Calculator and College Tuition Scandal I managed to collect.

what's college tuition?

  1. International students can attend for free all public colleges in Germany, Iceland, Norway and Finland; many have programs taught 100% in English; and the average tuition at colleges throughout Europe is $2,225/year.

  2. Berea College in Kentucky has a $1B endowment and doesn't charge students for tuition.

  3. The cost of college textbooks in the US have risen more than 1,000 percent since 1977, even faster than tuition, health care costs and housing prices, all of which have risen faster than inflation.

  4. Howard Lutnick donated more than $65 million to Haverford College because when he lost both his parents to cancer the college was understanding and let him go tuition-free all 4 years.

  5. Skyrocketing college tuition prices began in 2005, when Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act, that made it essentially impossible to discharge or declare bankruptcy on federal or private student loans.

  6. German colleges no longer charges tuition to international students from anywhere around the world.

  7. In 2004, An NYU Student spent 8 months living in the college library due to being unable to afford tuition and room & board despite a $15000/yr scholarship and working 30 hours a week. Upon learning about this, the university gave him free accommodation through the summer.

  8. For $170 per person per year, a hotel mogul turned around a rough Orlando neighborhood - cutting crime in half, multiplying property values and raising the high school graduation rate from 25% to nearly 100% by offering to pay full tuition for anyone who graduated and wanted to attend college.

  9. The College of the Ozarks doesn't charge tuition. Instead, students work on campus at least 15 hours a week (and have two 40-hour work weeks.)

  10. A college dropout fooled her parents into believing she was still enrolled in order to continue collecting tuition money. Then on graduation day, she called in bomb threats so her parents wouldn't see her not graduate.

college tuition facts
What is the average college tuition?

College Tuition data charts

For your convenience take a look at College Tuition figures with stats and charts presented as graphic.

college tuition fact data chart about Faculty salaries vs tuition for every college in the US from
Faculty salaries vs tuition for every college in the US from 2001-2014

college tuition fact data chart about College tuition costs far outpace inflation. The only thing
College tuition costs far outpace inflation. The only thing that has become more expensive, faster is textbooks.

Why college tuition should not be free?

You can easily fact check why college tuition should be lowered by examining the linked well-known sources.

Berea College, a liberal arts college in Kentucky where tuition is free for all students as long as they partake in work-study. Its mission is to assist high-achieving students with low financial resources regardless of background.

Harvard is such a wealthy college that by spending less than 1% of its endowment, it could provide free tuition to all students for a year. - source

Florida has an agreement with Canada which allows Canadians to pay in-state tuition rather than out-of-state tuition for all 40 state-funded colleges and universities (ex. Florida State University tuition= ~$6k in-state vs ~$21k out-of-state) - source

The "Bennett Hypothesis" which argues that increases in financial aid enables colleges and universities to blithely raise their tuitions, confident that Federal loan subsidies will help cushion the increase.

A father of five worked 23 years as a custodian for Boston College so all of his children could attend the university for free. They all graduated and together saved nearly $700,000 in tuition. - source

When a student enters college tuition is the?

Carrie's father, Lucius, was initially reluctant to let her attend college and only paid for part of her tuition. She paid for the rest of her expenses by teaching in rural northern Iowa schools.

How college tuition should be lowered?

Nikola Tesla became addicted to gambling at the end of his 2nd year of college then gambled away his tuition money the year after that.

If the United States would invest just $18 billion in education, college tuition would be cut in more than half

Fordham University, a gated community of college students where the tuition is $65k+ a year, keeps their student body ”protected” from the rest of The Bronx by its gates and security guards. Students have commented on the disconnect between Fordham campus and its community

In 2006, Jesse Jackson promised the Rainbow/Push Coalition would pay the college tuition for Crystal Mangum, the accuser in the Duke Lacrosse rape. Jackson said it would not matter if Mangum fabricated her story, the tuition offer would still be good.

Cooper Union, a privately funded college located in NYC which was founded in 1859 on the principle of education being "open and free for all". All admitted students were granted a full tuition scholarship. That policy was changed in 2013 and all future students will now be charged tuition.

When do you pay for college tuition?

A group of anonymous donors pays up to 100% of tuition at any of Michigan's state colleges or universities for graduates of the public high schools of Kalamazoo, Michigan. The pledge is known as the Kalamazoo Promise.

There Are Seven Colleges in the USA That Let Students Work Off Their Tuition.

In NJ, there's a law that allows you to sue your parents and forces them to pay for your college tuition if they're 'financially capable' of it.

In 2006, private donors in Michigan established a self-sustaining program called The Kalamazoo Promise which guarantees up to 100% in-state college tuition scholarships to all students in the county public school system. Test scores, school attendance, and college enrollment are all up.

For profit colleges were first created in the US in the 1940's as "fly-by-night commercial vocational 'schools'" designed to collect veterans' tuition grants due to the newly created GI Bill's then-lax requirements and limited oversight to prevent such abuses.

How much is college tuition?

About Deep Springs College, a two year, ~26 student college located on a rural California ranch. Tuition is free but students are expected to work on the farm year-round, isolated from all technology and society.

The more money the US government puts into financial aid, the more money the colleges charge for tuition. "Students tell the politicians, 'We don't want to pay this much for college,' and politicians respond by throwing more money at them, and colleges respond by increasing costs."

"The Kalamazoo Promise". A pledge by a group of anonymous donors to pay up to 100 percent of tuition at any of Michigan's state colleges or universities for graduates of the public high schools of Kalamazoo, Michigan

College tuition is free for homeless students in Florida

We would need only $62 billion to make public colleges tuition-free, yet the federal government spent $69 billion in 2013 on a assortment of financial aid programs

There are high schools dedicated to sports that have tuition rates higher than colleges (IMG Academy)

In 1966 Gov. Reagan argued for the importance of tuition-based funding by suggesting that if California college students had to pay, they’d value their education too much to protest.

A British teen sold her virginity on Ebay for £10,000 to pay for her college tuition. When interviewed, she thought that the man who was interviewing her was asking all the questions because he wanted a discount.

Steve Wozniack took one year off after high school to work - and earned enough money to pay for 4 years of college tuition, room and board, food, books, an old car, and still had left over to spare for pocket money - all on minimum wage

Chinese millionaires in the Canadian city of Vancouver who were eligible for a pay for visa program,paid on average $1400 in taxes. Many women would give birth to have children eligible for free healthcare and later on,in-state college tuition. Often making it cheaper to live in VC than Shanghai

Chinese millionaires in the Canadian city of Vancouver who were eligible for a pay for visa program,paid on average $1400 in taxes. Many women would give birth to have children eligible for free healthcare and later on,in-state college tuition. Often making it cheaper to live in VC than Shanghai

45% of college tuition goes towards financial aid to help other students pay for college

There are tuition-free colleges in the US

In just 2015, the US had $2.9 Billion worth of unused college grant awards. Which could have paid for 20,000 students tuition for the year (assuming tuition to be $15,000 a year)

You can buy tuition insurance in case you can't complete a college semester.

This is our collection of basic interesting facts about College Tuition. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is College Tuition so important!

Editor Veselin Nedev Editor