Average college tuition rises to $11,610 for in-state students in 2024-2025

The average cost of college tuition for the 2024-2025 school year is $11,610 for in-state students at public four-year colleges and $30,780 for out-of-state students. Private college tuition averages $43,350, reflecting a 3.9% increase from the previous year. Tuition rates have slightly decreased in many states, with 23 states seeing a drop of 10% or more after adjusting for inflation. However, additional costs like room and board, textbooks, and personal expenses remain significant. Most students receive financial aid, with the average undergraduate receiving $16,360 in aid for the 2023-2024 school year. Federal student loan interest rates will rise for the 2024-2025 school year, with undergraduate rates at 6.53%.