In the new report from MyElearningWorld.com, we found that even though college enrollment has dropped by a whopping 14.4% since 2013, colleges and universities are still raking in 5.6% more in tuition revenue from students.
Other Interesting Data:
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College enrollment is down 2.9 million students over the last decade
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Total annual revenue for US colleges from tuition and fees has increased by at least $15.2 billion over the last decade
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In 2023, community college tuition only rose a bit to $4,014 per year, for a total of $18.8 billion in tuition revenue (4.67 million students). It’s worth noting that two-year colleges are the only type of school to lose tuition revenue over the last decade.
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In 2023, public university tuition at four-year schools rose to $11,378 per year, for a total of at least $86.5 billion in tuition revenue (7.6 million students).
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In 2023, tuition for four-year private universities increased to $40,976 per year, for a total of $181.1 billion in tuition revenue (4.4. million students).
For the full report visit myelearningworld.com