90.1k views
4 votes
Define the term for what college costs using a 7-letter word, and provide an example of a college's cost for the academic year 2009-10.

User Kelvinfix
by
8.3k points

1 Answer

1 vote

Final answer:

The term for college costs is 'tuition.' The cost of college has significantly increased over the years, leading to a substantial rise in student loan debt. This increase has outpaced median household income growth, affecting students' financial situations.

Step-by-step explanation:

The term for what college costs using a 7-letter word is "tuition." An example of a college's cost for the academic year 2009-10, although not specifically provided in the reference data, would have been lower than the $9,349 average tuition and fees in 2020 reported by the Bureau of Labor Statistics for a 4-year public university. Between 2000-2001 and 2019-2020, the cost of tuition, fees, and room and board more than doubled for private four-year colleges and increased by almost 2.5 times for public four-year colleges, indicating a significant increase in the financial burden on students.

Understanding the increasing cost of college is critical when considering the impact on student loan debt, which has surpassed $1.3 trillion, and the financial strain on households as median yearly income has not risen at the same rate as educational expenses.

User Derek Kurth
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.