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YGAA EDUCATION CENTER

Estimated Cost by Type of School

Location, tuition, size, majors—with so many factors to consider, choosing a college can be daunting. But few can overlook the differences between two- and four-year schools, and between public and private schools.

Two-year colleges

Most two-year or community colleges serve people from nearby communities and offer academic courses, technical courses, and continuing education courses. Academic programs are comparable to the first two years of a four-year college or university, and lead to an associate of arts (A.A.), associate of science (A.S.), or associate of applied science (A.A.S.) degree. Degree credits are often transferable to four-year colleges.
Many also offer non-degree license or certificate programs, for example, for nurses, medical laboratory technicians, and computer technicians. Those offering many technical courses are often called technical colleges.
While most two-year colleges are publicly funded, junior colleges are more likely to be privately funded, and to have on-campus housing and more students from outside the local community.

 

Four-year colleges and universities

 

At a four-year college, you earn a bachelor of arts (B.A.) or bachelor of science (B.S.) degree after four or more years of more extensive study within a discipline. Most draw both in-state and out-of-state students, and offer on-campus housing and dining programs.
Many four-year schools are particularly well regarded for certain arts and sciences degree programs. Doing well in such a program in turn can make you a more attractive candidate for employment or for a university's advanced degree program.

A university complements its four-year programs with one or more programs of graduate study and one or more professional schools. In turn, its may confer bachelor's as well as graduate, master's, and Ph.D. degrees. Many also confer professional degrees, for example, in law or medicine.

 

Public or private?

 

Schools can be either public or private, but most two-year colleges are public institutions. In most cases, public schools are funded and managed by the state government.
Private schools, on the other hand, are independent entities that set their own admissions and financial aid guidelines. Many private colleges and universities have historical or financial ties to religious denominations or significant private donors.
 

Average Costs by School Type

 

Typically, public schools cost less than private schools, and two-year colleges cost less than four-year schools.
 
Type Total tuition, fees, room, & board Tuition & required fees (in-state) Dormitory rooms Board (7-day basis)
4-year 2-year 4-year 2-year 4-year 2-year 4-year 2-year
Public  $8,655  $4,862  $3,506 $1,359 $2,651 $1,603 $2,498 $1,900
Private $21,907 $14,690 $15,531 $8,961 $3,387 $2,768 $2,989 $2,962

Source: National Center for Education Statistics Digest of Education Statistics, 2001

 

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