LOUISVILLE, Ky. (WDRB) -- College students everywhere are now heading back to school, but for many, it's not easy because of rising costs.
The good news on the inflation front this year is not good news for everyone, especially college students, where tuition and fees continue to rise at many schools.
College students are looking at more increases in tuition, housing, and fees.
Many have found financial aid, but that rarely covers the bill.
Many colleges also froze tuition during the pandemic for two or even three years, now a lot of them are lifting the freeze.
The U.S. Labor Department said average tuition is up 1.6% in 2024, on top of already high prices.
In-state tuition at public schools will average $11,200 in 2024, while at private schools it is $41,500.
If tuition is still too high, consider a two-year school, where tuition is just $4,000.
In the meantime, advisors said to be sure to:
- Complete FAFSA financial aid forms
- Look for scholarships at sites like Fastweb and The College Board
- Ask about work-study plans
Remember that an in-state public school is usually the best value.
If you are getting some type of scholarship or aid, ask about inflation adjustments.
To read more Don't Waste Your Money stories, click here.
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