Sallie Mae 2011 Annual Report Download - page 5

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College Enrollment Levels
College enrollment increased by approximately 14 percent from 2007 through 2011 and predicts that
college-enrollment will increase 11 percent from 2011 to 2020.
Historical and Projected Enrollment
(in millions)
2007 2010 2013 2016 2019
0
4
8
12
16
20
24
18.2 19.1
20.4 20.6 20.7 20.7 20.9 21.3 21.6 22.0 22.2 22.5 22.8 23.0
Source: National Center for Education Statistics U.S. Department of Education, National Center for Education Statistics, 1990
through 2009 Integrated Postsecondary Education Data System, “Fall Enrollment Survey” (IPEDS-EF:90–99), Spring 2001 through
Spring 2010; and Enrollment in Degree-Granting Institutions Model, 1980–2009.
Note: Total enrollment in all degree-granting institutions; middle alternative projections for 2010 onward.
Costs of Attending College
Tuition and fees at four-year public institutions and four-year private institutions have increased at a
compound annual growth rate of 8.1 percent and 5.1 percent, respectively, since AY 2001-2002. The consumer
price index experienced 1.9 percent compound annual growth rate for the same period.
Cost of Attendance(1)
Cumulative % Increase from AY 2001-2002
100%
80%
60%
40%
20%
0%
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Tuition & Fees 4-Year Public Tuition & Fees 4-Year Private
Source: The College Board — Trends in College Pricing 2011.©2011 The College Board. www.collegeboard.org
(1) Cost of attendance is in current dollars and includes tuition, fees and on-campus room and board.
3