WASHINGTON — The average college student can expect to spend more than $2,000 a year in college costs, according to a new report.
It’s not just for living costs like living rent or food.
It includes student loans, car payments, clothing, textbooks, equipment and supplies, the Associated Press found.
The AP’s report on college costs and graduation rates, based on a new survey, shows that students will be on the hook for more than the price of the average home.
The report, which surveyed more than 3,400 students and professors across nine U.S. public and private universities, showed that students at four-year colleges and universities were twice as likely as students at community colleges to pay for tuition and fees.
They are also twice as unlikely to save for their education.
The average student will spend an average of $2.15 for college, or about $2 for every dollar they make, according the AP.
College graduates who attended public schools with no tuition charges are expected to earn an average annual income of $50,000, with the average debt for students at those public schools exceeding $50.5 million.
At public colleges, graduates are expected pay an average $9,200 in tuition and $16,700 for fees, according.
The data comes from a new study released Monday by the Associated Student Government Association.
It found that nearly 40% of students are still living off student loans after paying them off, while about 26% are still taking out loans on their own.
The new study is the first to compare student loan debt to the average annual wage.
The group said the data is important because students are facing financial stress on top of being stressed out.
The Associated Student Federation estimates that more than half of students will live in poverty by 2025.
The student loan and debt crisis is causing college students to make a lot of mistakes, the AP found.
Students are not being disciplined enough.
They aren’t being treated with respect.
They’re getting screwed by the system.
We need to be talking about what the system should be doing for students.
Students say they’ve made a lot out of college, but they’re not being given credit for the experience, the report found.
It also found that students are being pushed into the wrong colleges because of lack of resources, lack of financial aid and other factors.
It said students are taking out a higher amount of loans because they don’t feel safe enough to go back to their high school or community college to complete their degrees.
Associated Student Government president Stephanie Smith said in a statement that students need to know that while colleges are important places to study, it’s important that students don’t pay the price for their tuition.
“Many of our students need help in making the most of their educations, and many need help paying their bills and staying on their feet,” Smith said.
In addition to the costs, students say they are not given the information they need to make smart decisions.
Many students, particularly younger ones, don’t know how much it will cost to go to college, and they don, Smith said, because they’re learning the same lessons they’ve been learning for years, without any help.
This report is not a call to abolish tuition at public colleges and will be released when more data becomes available, Smith added.
The AP report on student costs and university graduation rates has a range of figures.
The numbers come from a survey conducted by the AP’s student government association.
The survey has a margin of error of plus or minus 2.3 percentage points.