Public colleges are mostly funded by state governments. The government pays for the operating costs of public colleges and universities and oversees the operation of public colleges through boards and trustees. This influx of government money means that students do not pay the real cost of attendance - they pay the cost after significant subsidies from the government. For this reason, public universities can afford to offer lower tuition prices on average. Average tuition at public colleges for the 2014-15 school year was $9,139 for in-state students and $22,958 for out of state students.
Private colleges, on the other hand, are not funded by the government in any way. They rely on alumni contributors and tuition to pay for their programs. This usually forces students to carry the full cost of their education, leading to higher tuition prices. Average tuition at private colleges for the 2014-15 school year was $31,231.
Public colleges are mostly funded by state governments. The government pays for the operating costs of public colleges and universities and oversees the operation of public colleges through boards and trustees. This influx of government money means that students do not pay the real cost of attendance - they pay the cost after significant subsidies from the government. For this reason, public universities can afford to offer lower tuition prices on average. Average tuition at public colleges for the 2014-15 school year was $9,139 for in-state students and $22,958 for out of state students.Private colleges, on the other hand, are not funded by the government in any way. They rely on alumni contributors and tuition to pay for their programs. This usually forces students to carry the full cost of their education, leading to higher tuition prices. Average tuition at private colleges for the 2014-15 school year was $31,231.
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