Web site clears up tuition misconceptions: survey reveals families overestimate college costs by thousands.In response to a recent study that revealed families often overestimate o·ver·es·ti·mate tr.v. o·ver·es·ti·mat·ed, o·ver·es·ti·mat·ing, o·ver·es·ti·mates 1. To estimate too highly. 2. To esteem too greatly. college tuition The examples and perspective in this article may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. College tuition costs, the Department of Education has created a new Web site to provide families with information on education costs and funding strategies. The study, conducted by National Center for Education Statistics The National Center for Education Statistics (NCES), as part of the U.S. Department of Education's Institute of Education Sciences (IES), collects, analyzes, and publishes statistics on education and public school district finance information in the United States; conducts studies (www.nces.ed.gov See .gov and GovNet. (networking) gov - The top-level domain for US government bodies. ), based its findings on a 1999 survey of 7,900 of the nation's sixth- to 12th-graders and their parents. In 1998-99, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the study, the average college tuition at a public, four-year institution was about $3,200, although students and parents estimated it to be close to $6,000. "Clearly, there is a real need for public information on college costs and financing. If the desire is there, so are the resources--through federal aid or tax credits that can help students realize their education goals, regardless of their family circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or ," said U.S. Education Secretary Rod Paige Roderick Raynor "Rod" Paige (born June 17, 1933), served as the 7th United States Secretary of Education from 2001 to 2005. Paige, who grew up in Mississippi, built a career on a belief that education equalizes opportunity, moving from college dean and school superintendent to be in a prepared statement. The new Web site (www.studentaid.ed .gov) features information about federal financial aid programs, tax credits and links to private scholarship sites. Visitors can find federal financial aid applications, aid calculation tools and loan repayment information, and a student profile tool to help students find a school to match their interests.
What Does College Cost? It Depends Who You Ask.
Institution Tuition and fees Tuition and fees Actual
Type reported by reported by parents Tuition
students in of students in and fees
grades 6-12 grades 6-12 in '98-'99
4-YEAR
Public
(in-state) $5,642 $6,241 $3,247
Private 18,843 16,421 14,709
According to the National Center for Education Statistics' new
study "What Students and Parents Know About College Costs," the
estimates of mandatory college fees and tuitions by sixth-through
12th-graders and their parents often proved dramatically
different from the actual average tuition and fees paid.
--Source NCES
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