The 10 Cheapest Colleges in the United States

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

Student loan debt is becoming an enormous burden for many college graduates, many of whom can't find jobs. How do you avoid it? Attend a cheaper college, and use loans as a last resort.

Parents always cry at their child’s graduation, but these days it might be for a different reason: Two-thirds of recent college grads left school with an average debt more than $25,000. That’s 5 percent higher than last year.

The numbers from The Project on Student Debt make it easier to understand why college graduates are a vocal part of Occupy Wall Street, and why President Obama recently took some steps to help with student loans.

But why do students owe so much? One reason is that many don’t think before they borrow. They assume repayment will be easy with the cushy new job they’ll get after graduation. Faced with this economy, unemployment or a low-paying gig is much more likely. But another reason is that tuition rates have jumped sharply in the past few years as state education budgets keep getting slashed.

The U.S. Department of Education’s College Affordability and Transparency Center shows college funding by states dropped a national average of 7 percent in 2008. Over the next two school years, tuition jumped more than 35 percent on more than 30 state university campuses. States like Arizona have cut university funding in half since 2007, CNN reports, and it shows in their tuition rates.

Here are the top 10 rate hikers between 2007 and 2010, according to the Department of Education:

  1. Northern New Mexico College – 51 percent
  2. Florida State College at Jacksonville – 49 percent
  3. San Diego State* – 47 percent
  4. Georgia State – 46 percent
  5. California State* – 46 percent
  6. Alabama State – 43 percent
  7. Georgia Institute of Technology – 41 percent
  8. San Jose State – 39 percent
  9. California State Polytechnic – 39 percent
  10. Arizona State – 38 percent

This list certainly can’t paint the whole picture of college costs: There are too many factors to consider for one list. For example, two schools listed here (the ones with asterisks) have multiple campuses that faced huge percentage hikes. If they were listed individually, 13 California State campuses would be in the Top 30, and yet two of its campuses are also among the Department of Education’s list of cheapest schools to attend.

Some of the steepest hikes (in percent) are not at the most expensive schools (in total) – the top two on this list are still under $3,000 after financial aid, while everybody else on the list is more than $4,000. If you want to get into the details and look at actual tuition rates or specific schools, play with the Department of Education calculator yourself.

Not interested in the details? Well, here are 10 of the cheapest campuses, according to the same source…

  • Sitting Bull College (ND) – $938
  • South Texas College – $1,317
  • The University of Texas-Pan American – $1,646
  • Indian River State College (FL) – $2,138
  • California State University-Dominguez Hills – $2,451
  • California State University-Los Angeles – $3,263
  • Elizabeth City State University (NC) – $3,335
  • Palm Beach State College (FL) – $3,490
  • Haskell Indian Nations University (KS) – $4,302
  • CUNY Lehman College (NY) – $4,335

You might notice that some California State campuses aren’t as pricey as the first list would suggest — although if they keep hiking rates, they could get there fast.

These are the net prices per year after typical grants and scholarships. Students from out of state or who qualify for less aid would probably pay more. Need more help with financial aid? Try our stories Struggling with Student Loans? Here’s What to Do, 6 Top Tips for Finding College Aid, and 25 Bizarre Scholarships.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: Considering a Fixer-Upper? 15 Ways to Avoid a Money Pit

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,986 more deals!