With the tough U.S. economy, students and their families got little relief from college costs, with the prices of tuition on the continuous rise reported College Board on Thursday.
Although tuition is increasing, increases in federal grant aid have helped to supplement the raise in tuition said Business Week.
On estimate, at the average in-state public university a student should expect to pay $16,140 per year with room and board.
Room and board for in-state students at a public university grew over 7.9 percent for the 2010-11 academic year reported The New York Times.
Yet, with this increase in tuition, the report found that full-time students receive an average of about $6,100 in grant aid and federal tax benefits at public four-year institutions.
People will have to figure out how to educate students in a more cost-efficient way, but with the help of technology, many believe it can happen.