Iowa Community College Tuition & Fees Report 2012

A presentation given to the Iowa State Board of Education on the tuition & fees for community colleges during the 2011-2012 academic year.

Transcript

1. Tom Schenk Jr., Consultant
2. Tuition will increase 5.49 percent this year to $3,948. The spread between tuition amounts has increased since 2003, but is lower than the prior year. The difference between the highest annual tuition to lowest has increased from $420 in 2003 to $630 in 2012. Average Tuition & Variability 2 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
3. Tuition has cumulatively grown 66 percent since 2003 while mandatory fees have grown 28 percent. Five of the fifteen community colleges do not charge college-wide mandatory fees. Changes in Tuition & Fees 3 -10% 0% 10% 20% 30% 40% 50% 60% 70% 2004 2005 2006 2007 2008 2009 2010 2011 2012 Tuition Fees
4. 4 Tuition & Fees Local State Aid Federal Other Income $0 $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 $300,000,000 1980 1985 1990 1995 2000 2005 2010
5. National Comparisons 5 1965-1979 1980s 1990s 2000s 2010
6. According to The Chronicle of Higher Education, the average tuition and fees at Iowa’s community colleges exceeds that national average by $1,278. Tuition increases within Iowa (55%) is larger than the national average (45%). National Comparisons 6
7. Regional Comparisons 7
8. By law, community college tuition cannot exceed the minimum tuition at the public universities. In 2012, community college tuition will be 38.48 percent lower than the average tuition at Iowa’s public universities. Comparisons to Public Universities 8 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 2007 2008 2009 2010 2011 2012 Iowa Public Universities Iowa Community Colleges
9. Iowa’s public universities increased tuition by 5 percent for 2012 compared to the 5.49 percent for community colleges. The rate of tuition growth for community colleges has also exceeded public universities in 2006, 2009, and 2010. Comparisons to Public Universities 9 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Iowa Public Universities Iowa Community Colleges
10. Tom SCHENK JR. Iowa Department of Education (515) 281-3753 tom.schenk@iowa.gov www.educateiowa.gov www.educateiowa.gov/ccpublications/ Iowa Department of Education, Tuition & Fees Reports: 2002-2011. The Chronicle of Higher Education Almanac Issue 2010-2011. Iowa State Board of Regents, Tuition Rates, March 2011 Bureau of Labor Statistics, Consumer Price Index