By The Associated Press Writer The number of students who earn their degree in the United States and abroad is rising rapidly, but the cost is so high, it’s hard to determine the value.
At least not yet.
The U.S. Bureau of Labor Statistics said Thursday that bachelor’s degrees are the second-most-expensive degree, with a median price of $55,000 in 2017, up from $53,600 in 2016.
The median price for a two-year associate’s degree in 2016 was $62,000.
The BLS does not break down the costs for bachelor’s, associate’s and bachelor’s degree programs by discipline or program.
The Bureau of Economic Analysis also has figures showing bachelor’s and associate’s degrees cost $46,000 and $52,000, respectively, in 2018.
The bureau has also compiled data on the cost of a degree in each discipline, including the cost to purchase a student loan.
The federal government provides about $50 billion in Pell grants and other aid to eligible college students each year.
Some federal programs provide subsidized loans to students to pay for college expenses.
For example, students who graduate from a private university can get a $2,000 federal Pell grant, while students who enroll at a public institution can get up to $5,500 in federal loans.
The cost of college education varies widely depending on where a student goes.
The cheapest bachelor’s or associate’s education programs are at public colleges and universities.
A two- or three-year degree at a private, non-profit institution costs between $65,000 to $85,000 depending on the program.
For students attending private schools, the average price is $70,000 or more.
Students who attend a public college cost $65 to $100,000 a year, according to the Bureau of Education Statistics.
In 2017, the median cost of tuition and fees at public institutions was $31,700, up 6.8 percent from 2016.
Private institutions typically charge higher rates because they have fewer financial aid opportunities.
For instance, public schools typically charge less than private schools on average because they are not required to offer financial aid.
The average tuition and fee at public universities in 2017 was $28,400.
Public schools typically cost about $5 billion to $7 billion a year in tuition and other fees.
The highest cost for students attending a private college was $80,000 at Harvard University.
Harvard’s average tuition fee was $46.60, up 3.7 percent from last year.
In 2018, Harvard’s students were paying $45,000 for tuition and room and board, a figure that has stayed stable over the past decade, the university said.
Private colleges generally charge less because they don’t have as many financial aid options.
Private universities charge $3,500 for room and $5 for board at most institutions, while public schools charge $7,500 and $10,000 respectively.
Private schools also charge less on average for a degree because they offer more scholarships.
Private and nonprofit institutions have the highest average tuition fees at $55.40 per credit hour, the bureau said.
The biggest difference between private and nonprofit schools is in the amount of money students pay for room, board and other expenses, which the bureau estimated is $3.50 per credit.
The student’s total bill for attendance at a college also varies widely.
For a two years of college, students pay $6,000 more than for a one-year bachelor’s program, $7.50 more than a two year associate’s program and $9.50 less than a three- or four-year master’s program.
A four- or five-year certificate program costs $23,000 per year.
For graduates who complete their bachelor’s in four years, that is $42,000 after tax, the BLS said.
A bachelor’s is required for a number of employment and professional qualifications.
It also includes two years at a community college or vocational school.
For those who graduate in four, a bachelor’s will be worth $63,500 after tax.
The most expensive bachelor’s at a nonprofit institution is at the University of Pennsylvania, which has an average tuition of $41,700 per year for two years.
For the two- and four-years degree, the price ranges from $40,000 up to almost $56,000 with a minimum of $52.50.
A public university that has no cost-sharing and no cost for scholarships can charge as much as $61,500 per year, the University at Buffalo said in a statement.