College prices appear to be moderating

By: The Associated Press
By: The Associated Press

WASHINGTON There's some good news on college tuition. The cost has gone up but not as much in the past.

The College Board says the average published cost for an in-state student to attend a four-year college is $247 more this year and now about $8,890 annually. The 2.9 percent increase is the smallest one-year increase in 30 years.

Average out-of-state tuition, as well as the published costs to attend public two-year colleges and private institutions rose at slightly faster rates. But they also avoided big spikes.

Report co-author Sandy Baum says the upward spiral in tuition prices seems to be moderating.

But federal grant aid has gone down, so many students are paying more out of pocket.

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