Average Undergraduate Costs and Loan Rates: 1992-2006
By Jill Konieczko
Posted 1/17/07
Compiled by the U.S. News library staff
The following are the average costs, including tuition, room, and board, for an undergraduate education since 1992:
| Year | All Institutions | Public Institutions | Private Institutions | Stafford Loans Average Annual Rate |
|---|---|---|---|---|
| 2006-07 | DATA | NOT | AVAILABLE | 6.80% |
| 2005-06 | DATA | NOT | AVAILABLE | 5.30% |
| 2004-05 | $13,743 | $9,877 | $26,025 | 3.37% |
| 2003-04 | $12,955 | $9,249 | $24,636 | 3.42% |
| 2002-03 | $12,014 | $8,502 | $23,340 | 4.06% |
| 2001-02 | $11,380 | $8,022 | $22,413 | 5.99% |
| 2000-01 | $10,818 | $7,586 | $21,368 | 8.19% |
| 1999-2000 | $10,444 | $7,310 | $20,186 | 6.92% |
| 1998-99 | $10,076 | $7,107 | $19,368 | 7.46% |
| 1997-98 | $9,588 | $6,813 | $18,516 | 8.25% |
| 1996-97 | $9,206 | $6,530 | $18,039 | 8.25% |
| 1995-96 | $8,800 | $6,256 | $17,208 | 8.25% |
| 1994-95 | $8,306 | $5,965 | $16,207 | 7.43% |
| 1993-94 | $7,931 | $5,694 | $15,496 | 6.22% |
| 1992-93 | $7,452 | $5,379 | $14,634 | 6.94% |
Sources:
Digest of Education Statistics 2005. U.S. Department of Education National Center for Education Statistics. (Available at: http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2006030)
FinAid: The SmartStudent Guide to Financial Aid (Available at: http://www.finaid.org/loans/historicalrates.phtml.)