Tuition for in-state students at public universities rose more than 6 percent last year, and tuition for students at private universities increased almost that much as well, according to an annual report from The College Board.
In a companion report, The College Board found that financial aid is increasing as well. For example, the number of Pell Grant recipients jumped by about 5 percent, the study finds.
The nitty-gritty: The average total cost of college - tuition, fees, room and board - for an in-state student at a public university in 2007-08 was $14,333.
For out-of-staters, the total cost average nationally was $25,200.
By way of comparison: a UNC Chapel Hill student from North Carolina paid about $13,514 in tuition, fees, room and board last year, according to this university website. An out-of-state student paid $30,412.
Students at private universities across the nation paid $34,142 last year in tuition, fees, room and board. While not a perfect comparison, Duke this year charges $47,810 for tuition, fees, room and board.
It should be noted that none of these numbers reflect the cost of books and other personal expenses, which universities generally estimate and tell applicants about.