Despite the fact that the cost of tuition for attending college has increased over the years, Historically Black Colleges and Universities have become less expensive alternatives by managing to keep tuition rates 50 percent lower than those of their historically white counterparts.
But given the economic downturn, small endowment numbers and poor alumni giving, some black institutions are taking calculated steps to stay afloat: which means increasing tuition.
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- Atlanta’s own No. 1 ranked school’s (Spelman College) tuition rates were $23,794 in Fall 2011-12. The 2013-14 tuition rate increased less than $1000 at $24,634.
- To attend school at Tuskegee University in Tuskegee, Alabama, as of the 2013-2014 school year, it will cost $19,400 in tuition and fees, compared to $18,900 in 2011.
- Xavier University has seen one of the largest tuition hikes among HBCUs, with tuition rising to $20,560 for the 2013-14 academic year from $18,700 just two years prior.
