Trends in Higher Education Pricing & Student Aid October 11, 2011 Al HermsenPaul Schroeder Sr. Director – Student Financial AidSr. Educational Manager Wayne State UniversityCollege Board Midwestern Regional Office

Agenda Interactive conversation Walkthrough of “Trends” web-site Goal: Familiarize you with web-site/useful tool Why use “Trends” information? Tour “Trends in College Pricing” web-site Prices – Published, variation, net Institutional finances Enrollment and income

Agenda (page 2) Tour “Trends in Student Aid” Types of Student Aid Sources of Grand Aid Distribution of Student Aid Student Borrowing

Average Estimated Undergraduate Budgets, (Enrollment-Weighted) SOURCE: The College Board, Trends in College Pricing 2010, Figure 1.

SOURCE: The College Board, Trends in College Pricing 2010, Table 1A.

SOURCE: The College Board, Trends in College Pricing 2010, Table 1B.

Average Annual Percentage Increases in Inflation-Adjusted Published Prices by Decade, to SOURCE: The College Board, Trends in College Pricing, Figure 4

Public Two-Year Colleges Average Tuition and Fee and Room and Board (TFRB) Charges by College Board Region, in Constant 2010 Dollars, and (Enrollment-Weighted) SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Public Four-Year Colleges and Universities Average Tuition and Fee and Room and Board (TFRB) Charges by College Board Region, in Constant 2010 Dollars, and (Enrollment-Weighted) SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Private Nonprofit Four-Year Colleges and Universities Average Tuition and Fee and Room and Board (TFRB) Charges by College Board Region in Constant 2010 Dollars, and (Enrollment-Weighted ) SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Published Tuition and Fees, Net Tuition and Fees, and Room and Board in Constant 2010 Dollars, Full-Time Undergraduate Students, , , and Note: Financial aid values for are estimated based on earlier years. SOURCE: The College Board, Trends in College Pricing 2010, Figure 7.

Net Price: Public Two-Year Colleges Full-Time Students by Dependency Status and Family Income, SOURCE: The College Board, Trends in College Pricing 2010, Figure 8B.

Mean and Median State Appropriations for Higher Education per $1,000 in Personal Income, to SOURCE: The College Board, Trends in College Pricing 2010, Figure 11A.

State Appropriations for Higher Education per $1,000 in Personal Income by State, (including Federal Stimulus Funds) SOURCE: The College Board, Trends in College Pricing 2010, Figure 11B.

Net Tuition Revenue per Full-Time Equivalent (FTE) Student by Carnegie Classification, 2002–2008 in Constant 2008 Dollars SOURCE: The College Board, Trends in College Pricing 2010, Figure 12B.

Educational Expenditures per Full-Time Equivalent Student by Carnegie Classification, 2002–2008, Selected Years in Constant 2008 Dollars SOURCE: The College Board, Trends in College Pricing 2010, Figure 13.

Percentage Growth in Mean Family Income by Quintile in Constant 2009 Dollars, 1979–1989, 1989–1999, and 1999–2009 SOURCE: The College Board, Trends in College Pricing 2010, Figure 16A.

Median Family Income by Selected Characteristics, 2009 SOURCE: The College Board, Trends in College Pricing 2010, Figure 16B.

Ten-Year Trend in Student Aid and Nonfederal Loans per FTE Used to Finance Postsecondary Education Expenses in Constant 2009 Dollars, to SOURCE: The College Board, Trends in Student Aid 2010, Figure 1.

Undergraduate Student Aid by Source (in Billions), SOURCE: The College Board, Trends in Student Aid 2010, Figure 2A.

Graduate Student Aid by Source (in Billions), SOURCE: The College Board, Trends in Student Aid 2010, Figure 2B.

Grants and Loans as a Percentage of Funds from Total Aid and Nonfederal Loans Undergraduate Students, to SOURCE: The College Board, Trends in Student Aid 2010, Figure 8A.

Grants and Loans as a Percentage of Funds from Total Aid and Nonfederal Loans Graduate Students, to SOURCE: The College Board, Trends in Student Aid 2010, Figure 8B.

Average Student Debt per Borrower and Average Student Debt per Graduate Public Four-Year Bachelor’s Degree Recipients to (in Constant 2009 dollars) SOURCE: The College Board, Trends in Student Aid 2010, Figure 10A.

Average Student Debt per Borrower and Average Student Debt per Graduate Private Four-Year Bachelor’s Degree Recipients to (in Constant 2009 dollars) SOURCE: The College Board, Trends in Student Aid 2010, Figure 10B.

Average Aid per Undergraduate FTE, to in Constant 2009 Dollars SOURCE: The College Board, Trends in Student Aid 2010, Figure 11A.

Average Aid per Graduate FTE, to in Constant 2009 Dollars SOURCE: The College Board, Trends in Student Aid 2010, Figure 11B.

Maximum Pell Grant as a Percentage of Tuition and Fees and Room and Board (TFRB), to SOURCE: The College Board, Trends in Student Aid 2010, Figure 13B.

Percentage Distribution of Pell Grant Recipients by Family Income and Dependency Status, SOURCE: The College Board, Trends in Student Aid 2010, Figure 14A.

Percentage Distribution of Pell Grant Recipients by Age, SOURCE: The College Board, Trends in Student Aid 2010, Figure 14B.

State Grant Dollars per Full-Time In-State Undergraduate Student and Percentage Receiving State Grants, by Dependency Status and Income, Selected States, 2007 ‑ 08 SOURCE: The College Board, Trends in Student Aid 2010, Figure 16.

“Trends” web-site For more information, visit: trends.collegeboard.org

Contact Information Al Hermsen Senior Director – Student Financial Aid Wayne State University Paul Schroeder Senior Educational Manager College Board