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NYS Comptroller

THOMAS P. DiNAPOLI

2015 Financial Condition Report

Higher Education


Average Debt of College Graduates with Debt Average Published Tuition and Fees - New York State
  • In calendar year 2013,* New York State higher education institutions had the following students in degree-credit enrollments:
    • 897,740 full-time
    • 373,683 part-time.
  • The State has a higher proportion of private colleges than most states, with 189 independent and proprietary colleges accounting for nearly 43 percent of statewide full-time equivalent (FTE) enrollment.
  • In the 2014-15 academic year, average costs of tuition and fees for full-time, in-state students for the State University of New York (SUNY) and the City University of New York (CUNY) were the following:
    • SUNY, $7,562 ($4,460 for two-year colleges); and
    • CUNY, $6,330 ($4,800 for two-year colleges).
  • In the 2013-14 academic year, over 372,000 students received State Tuition Assistance Program (TAP) awards, totaling $936 million.
  • In FY 2014-15, the State spent $277 per person on higher education, ranking 17th in the nation for higher education spending per capita.
  • In 2013, 60 percent of college graduates in the State left school with debt, which is down from 63 percent in 2009. By comparison, the national average was 62 percent in 2013, which is up from 59 percent in 2009.
  • *Most recent available year.


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