Magazine article The Hispanic Outlook in Higher Education

Top 100 COLLEGES FOR HISPANICS Budgets and State Funding Shrink, Tuition Continues to Climb

Magazine article The Hispanic Outlook in Higher Education

Top 100 COLLEGES FOR HISPANICS Budgets and State Funding Shrink, Tuition Continues to Climb

Article excerpt

Every year HO reviews the past year in student enrollment and degree completions to determine which institutions are training the most Hispanic scholars. Also this year we singled out a school that has showed great improvement in granting degrees to and enrolling Hispanic students. To that end, this year's Top 100 issue cover features Montclair State University in New Jersey. Our high regard for this university dates back to 1997 when our publisher José Lopez Isa selected it as one of his Publisher's Picks. In 2002 MSU was as a Publisher's Pick for the 6th consecutive year, labeling MSU as one of the schools "that we believe enable so many of our Hispanic youth to succeed." In the 13 years that have followed MSU has continued to build on its diversity success. In just the past two years they have increased their graduate enrollment among Hispanics by almost 15 percent, while consistently improving their undergraduate Hispanic degrees granted and total enrollment. As we predicted in 2002, MSU's achievements in diversity "will doubtless ripple down through succeeding generations."

MSU is just one of the outstanding schools with a great reputation for Hispanic enrollment and degree earners. In recent years we have coupled our findings with the College Board's (CB) annual survey titled, "Trends in College Pricing (2014 edition)," which is one of the best predictors of trends in higher education. In these uncertain economic times, the price of a college education remains a key determining factor in recruiting and retaining Hispanic students.

Between 2013-14 and 2014-15, average published tuition and fee prices increased by 2.9 percent for in-state students in the public four-year sector, by 3.3 percent for out-of-state students in the public four-year sector and for in-district students at public two-year colleges, and by 3.7 percent at private nonprofit four-year institutions.

These increases are higher than the 2.0 percent increase in the Consumer Price Index between July 2013 and July 2014, but in all sectors these price in- creases are lower than the average annual increases in the past five years, the past 10 years, and the past 30 years.

This continues a trend line the CB reported for 2013- 2014. According to the CB's same Trends report last year, "The 2013-14 increase in published tuition and fees at public four-year colleges and universities is the smallest we have seen in many years. This does not mean that college is suddenly more affordable, but it does mean that the rapid growth of recent years did not represent a 'new normal' for annual price increases. That said, after large increases in grant aid in 2009-10 and 2010-11, especially from the federal government, growth in this student assistance has not continued."

The increases in in-state published tuition and fees at public four-year institutions of 2.9 percent in 2014- 15 and 2.8 percent in 2013-14 are the only increases since 1974-75 that have been less than 3 percent (not adjusted for inflation). The average published tuition and fees for in-state students in the public four-year sector increased by $254 (2.9 percent), from $8,885 in 2013-14 to $9,139 in 2014-15. Room and board charges are $9,804. By the same token, average published out-of-state tuition and fees at public four year institutions rose by $735 (3.3 percent), from $22,223 in 2013-14 to $22,958 in 2014-15. Average total charges are $32,762.

On the other hand, average published tuition and fees at private nonprofit four-year institutions rose by $1,100 (3. …

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