User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Price Increases Slow For Private College Students

October 8, 2012, 5:52 PM by Shawn Neisteadt

Price Increases Slow For Private College Students
SIOUX FALLS, SD -

It seems like everything costs a little more these days, and that's true for secondary education.  While tuition has been on the rise in recent years, a new study shows that the increases have slowed on private college campuses.  The national study shows that on average tuition is up 3.9 percent this year for private four-year schools.

One-quarter of students working on a four-year college degree attend a private college.  And at Augustana College in Sioux Falls, they're paying 4.25 percent more than last year, which is slightly higher than average.

"I just keep telling myself that this education is going to more than pay for itself in the long run," Kadyn Wittman said.

Wittman is a senior at Augustana, where tuition and other fees now total more than $34,000 per year.  Like Wittman, Kristin Payne is looking forward to graduating in just a few months.

"I feel like I do get a lot of bang for my buck.  But personally, I feel like the increase since I was a freshman has been almost $6,000 and I feel like that's a little expensive," Payne said.

The study also notes that most private schools offer more in scholarship money to their students.  Augustana students say that is certainly the case here.

"Financially it made the most sense for me personally because of the scholarships they offered.  I know at Augustana more than 90 percent of the students receive financial aid of some kind," Wittman said.

Wittman and Payne both say about half of their expenses are covered by scholarships.  That's why they both agree that the cost of their education at a private school is still worth the cost.

"As you go through college it is inevitable that the cost is going to rise.  That is just a fact of education and of life for the way our economy is right now," Wittman said.

"I think it is a great education and a great value for the dollar that you're going to pay.  You just have to be prepared to pay that when you come and not be upset about it when it does go up," Payne said.

In comparison, state colleges and universities in South Dakota had a tuition increase of 6.5 percent for this school year.  The Board of Regents is scheduled to meet this week starting Tuesday on the University of South Dakota campus.

Augustana College Tuition
  2011-2012 2012-2013
Tuition $26,250 $27,380
Student Activity Fees $340 $400
Room & Board $6,400 $6,626
Total $32,990 $34,406

 

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story


Events