1. Trends in Higher Education Series 2006, October 24, 20061 www.collegeboard.com Full-Time and Part-Time Enrollment by Institution Type, 1996-97 and 2004-05 Source: IPEDS, unpublished data, 2006; calculations by authors. Source: The College Board, Trends in College Pricing, 2006 Exhibit 1

2. Trends in Higher Education Series 2006, October 24, 20062 www.collegeboard.com Sample Average Undergraduate Budgets, 2006-07 (Enrollment-Weighted) Source: The College Board, Trends in College Pricing, 2006 Exhibit 1 Exhibit 2

3. Trends in Higher Education Series 2006, October 24, 20063 www.collegeboard.com Private 4-Year Institutions: Tuition, Fee, Room, and Board (TFRB) Charges by College Board Region in Constant (2006) Dollars, 1996-97 and 2006-07 (Enrollment-Weighted) Source: Annual Survey of Colleges, The College Board, New York, NY. Source: The College Board, Trends in College Pricing, 2006 Exhibit 3

4. Trends in Higher Education Series 2006, October 24, 20064 www.collegeboard.com Published Tuition and Fee Charges Compared to Tuition and Fees After Grants and Education Tax Benefits, Full- Time Dependent Students in Constant (2003) Dollars, 1992-93 and 2003-04 Source: The College Board, Trends in College Pricing, 2006 Source: NPSAS: 1993, 1996, 2000, 2004, Undergraduates; calculations by authors. Exhibit 4

5. Trends in Higher Education Series 2006, October 24, 20065 www.collegeboard.com Number of Postsecondary Institutions Attended by Students Who Earned a Bachelor’s Degree with Average Time-to-Degree, 1999–2000 Source: NCES, 2005, The Road Less Traveled, NCES-157, Tables 8a, 8b, and 8c (Figure 11a), Tables 3c and 4c (Figure 11b), based on Beginning Postsecondary Students (BPS) Longitudinal Study, 1996 and 2001. Source: The College Board, Trends in College Pricing, 2006 Exhibit 5

6. Trends in Higher Education Series 2006, October 24, 20066 www.collegeboard.com Public 4-Year Institutions: Tuition, Fee, Room, and Board (TFRB) Charges by College Board Region in Constant (2006) Dollars, 1996-97 and 2006-07 (Enrollment-Weighted) Source: Annual Survey of Colleges, The College Board, New York, NY. Source: The College Board, Trends in College Pricing, 2006 Exhibit 6

7. Trends in Higher Education Series 2006, October 24, 20067 www.collegeboard.com Published Tuition and Fee Charges Compared to Tuition and Fees After Grants and Education Tax Benefits, Full- Time Dependent Students in Constant (2003) Dollars, 1992-93 to 2003-04 Source: NPSAS: 1993, 1996, 2000, 2004, Undergraduates; calculations by authors. Source: The College Board, Trends in College Pricing, 2006 Exhibit 7

8. Trends in Higher Education Series 2006, October 24, 20068 www.collegeboard.com Percentage of State Resident College Students Enrolled at In-State Institutions, States with Highest and Lowest Percentages Remaining In-State Fall 2004 Source: The College Board, Trends in College Pricing, 2006 Source: NCES, 2005, Digest of Education Statistics, Table 203. Exhibit 8

9. Trends in Higher Education Series 2006, October 24, 20069 www.collegeboard.com Source: The College Board, Trends in Student Aid, 2006 Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Level and Tuition and Fee Charges in Constant (2003) Dollars, 1992-93 and 2003-04 Source: NPSAS: 1993 and 2004, Undergraduates; calculations by authors. Exhibit 9

10. Trends in Higher Education Series 2006, October 24, 200610 www.collegeboard.com Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Level and Tuition and Fee Charges in Constant (2003) Dollars, 1992-93 and 2003-04 (continued) Source: The College Board, Trends in Student Aid, 2006 Source: NPSAS: 1993 and 2004, Undergraduates; calculations by authors. Exhibit 10

11. Trends in Higher Education Series 2006, October 24, 200611 www.collegeboard.com Source: NPSAS: 1993 and 2004, Undergraduates; calculations by authors. Source: The College Board, Trends in Student Aid, 2006 Average Non-Need-Based and Need-Based Institutional Grants and Average Federal Plus State Grants Per Full-Time Dependent Student at Public Institutions by Family Income Level in Constant (2003) Dollars, 1992-93 and 2003-04 Exhibit 11