Table 47-2. Average net access price for full-time, full-year dependent students after grants and loans, by type of institution and family income: 1989–90, 1999–2000, and 2003–04
|
|---|
| [In constant 2003-04 dollars] |
| Type of institution and family income |
1989–90 |
1999–2000 |
2003–04 |
|
| Public 2-year |
|
|
|
| Total |
$7,100 |
$7,700 |
$7,700 |
| Low income |
5,900 |
6,100 |
6,000 |
| Lower middle income |
7,500 |
7,900 |
7,800 |
| Upper middle income |
7,700 |
8,600 |
8,700 |
| High income |
7,300 |
8,900 |
8,800 |
| |
|
|
|
| Public 4-year |
|
|
|
| Total |
8,700 |
8,800 |
9,300 |
| Low income |
6,200 |
5,700 |
6,000 |
| Lower middle income |
8,200 |
8,200 |
8,700 |
| Upper middle income |
9,300 |
9,400 |
10,000 |
| High income |
10,500 |
11,200 |
11,600 |
| |
|
|
|
| Private not-for-profit 4-year |
|
|
|
| Total |
14,700 |
14,000 |
15,300 |
| Low income |
9,100 |
8,100 |
10,200 |
| Lower middle income |
11,800 |
11,900 |
12,400 |
| Upper middle income |
14,100 |
13,400 |
14,600 |
| High income |
20,700 |
19,700 |
21,000 |
| |
|
|
|
| Private for-profit less-than-4-year |
|
|
|
| Total |
10,900 |
9,600 |
9,300 |
| Low income |
9,500 |
8,100 |
8,000 |
| Lower middle income |
11,200 |
10,300 |
9,700 |
| Upper middle income |
12,500 |
10,700 |
10,000 |
| High income |
14,700 |
14,000 |
12,600 |
|
NOTE: Net access price is an estimate of the cash outlay that students and their families need to make in a given year to cover educational expenses. It is calculated here as the total price of attendance minus grants and loans. Full time means students attended full time (as defined by the institution) for the full year (at least 9 months at a 2- or 4-year institution or 6 months at a less-than-4-year institution). Estimates exclude students who were not U.S. citizens or permanent residents, and therefore were ineligible for federal student aid; students who attended more than one institution in a year, because of the difficulty matching information on price and aid; and students who attended private for-profit 4-year institutions, because of their small number. The cutoff points for low, lower middle, upper middle, and high income were obtained by identifying the incomes at the 25th, 50th, and 75th percentiles. Adjusted to 2003–04 constant dollars, in 1989–90, the values were $32,900, $55,400, and $85,800. In 1999–2000, they were $34,200, $59,600, and $91,600. In 2003–04, they were $32,400, $59,400, and $91,800.
|
SOURCE: U.S. Department of Education, National Center for Education Statistics, 1989–90, 1999–2000, and 2003–04 National Postsecondary Student Aid Studies (NPSAS:90, NPSAS:2000, and NPSAS:04).
|
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