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The Rising Cost Of College* ...
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Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
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Year Private Change Public Change
03-04 $26,057 5% $10,530 9%
04-05 $27,465 5 11,376 8
05-06 $28,743 5 12,115 6
06-07 $30,367 6 12,796 6
HAS MEANT MORE AID ...
Year Avg. annual aid**
03-04 $9,661
04-05 9,983
05-06 10,113
06-07 NA
... AND MORE DEBT FOR GRADUATES
Graduation Avg. debt Avg. public Avg. private
2004 $21,675 $17,589 $29,324
2005 23,531 21,887 26,677
2006 25,760 23,476 30,779
2007 26,417 23,590 32,050
*At four-year institutions **Per full-time equivalent student, adjusted for inflation Sources: College Board, Student Monitor
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