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Post by PapaEZRA on May 6, 2005 11:32:32 GMT -5
61% of high school graduates continue on to some post-secondary education.
43% enroll at 4-year colleges; 33% graduate college.
Race strongly determines the percentage enrolling at college (49% for Asians; 38% for Blacks; 28% for Hispanics).
Socioeconomic status even more strongly determines percentage enrolling at college (19% from the poorest ¼ of families vs. 70% from the richest ¼ of families).
Tuition plus room and board at public colleges averages $6,700, and at private college $18,500.
Public college costs 15% of the average family’s income, and the percentage is holding steady (tuition rises are keeping pace with median income rises).
Private college costs 42% of the average family’s income, and the percentage is also holding steady.
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