College costs seem to get higher every year–but only one school can be the highest and among public schools, that honor goes to the University of Pittsburgh.
The U.S. Department of Education’s College Affordability and Transparency Center updated their list of tuition rates for the coming school year and the latest list for public institutions shows that the University of Pittsburgh has the highest in the nation at an alarming rate of $16,590 per year. In fact, two Pennsylvania schools shared the dishonor of being the most expensive public schools with four-year degree plans thanks to Pennsylvania State University placing second on the list with an annual rate of $16,444. The University of New Hampshire, the Colorado School of Mines and the University of Vermont rounded out the top five.
Other cheaper schools may have lower tuition rates but they also saw some staggering increases in just the last year among four-year public schools. South Texas College, a community college located in McAllen, Texas, had the highest rate increase with a tuition raise of 118 percent between the 2010-11 and 2012-13 school year. The U.S. Department of Education projected a 13-percent average raise for four-year colleges in the same time period.
Of course, these rates may seem high but they aren’t even close to being the most expensive school in the country. Earlier this week, we found a list of schools where the tuition and fees topped $60,000 a year per student. If these rates keep increasing from year to year, we’re just going to be one nation under debt for a very long time.