Financing your college education

Abstract

List of financial loan programs for higher education College costs are bound to increase with greater numbers of students attending college and the resulting rise in construction of more dormitories, classrooms, and laboratories, and enlarging of faculties. College costs have more than doubled since 1940, and by 1975 are predicted to double again. Costs for tuition, fees, room and board, books, clothing, and transportation in 1955 averaged about $1,200 for public or state-supported colleges and universities, and $1,800 for private colleges and universities. By 1964 these costs had risen to $1,500 and $2,300 respectively. By 1970, costs should average about $1,800 for state-supported colleges and universities, and $2,800 for private institutions. These costs, will vary with the type, size, and location of the institution.