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Families usually pay some sort of a premium over the current tuition price to make up for the expected tuition inflation in between.
In such situations, Ms. McDonnell said she would lower a family's expected tuition contribution and either lobby for a larger grant from the college or recommend other loan options.
The survey, released by the credit ratings agency Moody's Investors Service on Thursday, found that nearly half of colleges and universities that responded expected enrollment declines for full-time students, and a third of the schools expected tuition revenue to decline or to grow at less than the rate of inflation.
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"My parents and I had set aside a chunk of money for my college education, expecting tuition to increase only a little bit every year.
It expects tuition fees at public universities to rise by an average of only 1.9%, though at private universities the increase is likely to be a more comfortable 2.7%.
Kenan-Flagler now warns North Carolina residents to expect tuition increases of 15-18% a year until 2017, as it allows in-state fees to catch up with its out-of-state ones.
This is because nearly two-thirds of employers expect tuition fee increases to change the market for graduate-level skills.
From all this a school calculates your expected family contribution. If that is less than expected costs including tuition, fees and living expenses the school helps bridge the gap with some combination of tuition breaks, loans to parents or student and maybe a campus job for the kid.
Schools Superintendent Joseph Townsley expected the tuition to the capitol region-run magnet schools to increase this year".I was concerned about the state keeping its fiscal commitment to the magnet, which they weren't able to do last year," he said.
Apart from a free ticket "home", they can expect language tuition, training for a job and the dole if they cannot find one.
The co-financing of voucher schools will be phased out: parents will no longer be expected to pay tuition fees to top up state funding.
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