These are the stocks posting the largest moves before the bell.Market Insiderread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Corporate executives and money managers have grown increasingly pessimistic about the economy as growth around the world slows.Trader Talk with Bob Pisaniread more
Facebook unveils the Portal TV, a streaming device that comes with a camera and microphones for making video calls via television.Technologyread more
Four Wall Street firms downgraded FedEx after the company's poor earnings report.Marketsread more
FedEx says trade around the world is starting to feel the squeeze of increased tariffs.Marketsread more
U.S. stock futures point to a modestly lower Wednesday morning open on Wall Street ahead of what the markets in the afternoon expect to be the Fed's second interest rate cut...Marketsread more
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.Real Estateread more
The House subcommittee that oversees consumer product investigations launched its a probe of Juul in June, holding two days of hearings in July. In a letter to Juul sent...Health and Scienceread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Corporate buyback trades are ripe for being picked off by high speed firms, effectively siphoning millions of dollars from the companies.Marketsread more
The Class of 2019 has a lot to be proud of, and a hefty bill to show for it.
For newly minted graduates, their college education is the second-largest expense they'll likely have in their lifetimes — right after purchasing a home.
Tuition and fees for a four-year private college averaged $35,830 in 2018-19; at four-year in-state public colleges, it was $10,230, according to the College Board. And that doesn't count room and board or other expenses.
Tuition has historically risen about 3% to 5% a year, according to the College Board. However, during the recession, declining public funds caused tuition to skyrocket.
Over the last decade, tuition and fees rose 44% at four-year, private colleges and by 55% at public four-year schools, where students were harder hit, according to a report by GoBankingRates.
In the worst year during this period, for example, the average cost of private four-year schools rose 4.1% in 2011-12 to $27,880, from $26,770 the prior year, and the cost of four-year public schools reached $8,280, up 8.5% from $7,630 the year before, GoBankingRates found. (Check the cost of college the year you graduated.)
To see just how much the price of a postsecondary education has increased, the personal finance website analyzed data from the National Center for Education Statistics and the College Board going back to 1964.
In 1964-1965, the cost of a four-year private school was $1,160 per year, on average. From 1964 to 2019, the cost of tuition jumped just under 3,000%. Meanwhile, the cost of a four-year public school soared to just over 3,800%, from a mere $261 annually, GoBankingRates said. (Costs are in current dollars.)
The significant increase in college costs has outpaced inflation and far outpaced family income over decades (see the chart below).