For those attending public 4-year institutions, average price before aid was approximately $16,900 and net price was about $10,200; for those attending nonprofit 4-year institutions, average price before aid was roughly $32,700 and net price was about $16,700; and for those attending for-profit 4-year institutions, average price before aid was approximately $27,900 and net price was about $23,800, according to new data released by the National Center for Education Statistics.
Enrollment in Postsecondary Institutions, Fall 2010; Financial Statistics, Fiscal Year 2010; and Graduation Rates, Selected Cohorts, 2002-2007 presents findings from the spring 2011 data collection of the Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics within the Institute of Education Sciences.
Other findings include:
• In fall 2010, Title IV institutions enrolled 19 million undergraduate and 3 million graduate students. Of the 19 million undergraduates, 56 percent were enrolled in 4-year institutions, 42 percent in 2-year institutions, and 2 percent in less-than-2-year institutions.
• Approximately 58 percent of full-time, first-time students attending 4-year institutions in 2004 who were seeking a bachelor’s or equivalent degree completed a bachelor’s or equivalent degree within 6 years at the institution where they began their studies.
• Overall, first-time undergraduate student 1-year retention rates were higher for full-time students (72 percent) than for part-time students (44 percent).