Figure 3: Net Price by Family Income Percentile and Institution Category

$15,600
$24,800
$19,800
$6,600
$22,900
$31,300
$26,300
$14,800
$26,900
$38,100
$41,100
$35,000
$26,900
$39,000
$62,200
$79,500
$30,700
$58,800
$78,800
$83,500
$40,000
(25th Percentile)
$80,000
(50th Percentile)
$135,000
(75th Percentile)
$235,000
(90th Percentile)
full COA
Source: Author’s calculations based on data from college net price calculators, as described elsewhere.
Note: Sample is restricted to public and private, nonprofit four-year institutions with more than 250 full-time, first-time students in 2021-22. All dollar values are indexed to the CPI and reflect 2023 price levels. Small, medium, and large endowments are defined as those with endowments per FTE that are less than $100,000, $100,000 to $500,000, and greater than $500,000.