Online Learning Update

May 30, 2011

For-Profit College Costs Surpass Nonprofit Peers in U.S. Study

Filed under: Online Learning News — Ray Schroeder @ 12:01 am

by John Lauerman, Bloomberg

The average cost of attending a four- year for-profit college surpassed expenses at both U.S. state and private nonprofit universities, a government report found. Full-time students paid an average of $30,900 annually at the for-profit schools in the 2007-2008 academic year, almost double the $15,600 average paid at public universities, according to U.S. Education Department data released today. The average cost of attending a private nonprofit college was $26,600, the study said.

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