AI Q&A
We asked this question to AI.
What is the average cost of a 4 year college education today?
AI answered this:
As of the 2024–2025 academic year, the average total cost for a four-year college education varies significantly based on the type of institution and residency status. Here’s a breakdown of the average annual costs, including tuition, fees, room, and board:
Public Four-Year Colleges (In-State Students)
- Average Annual Cost: $28,840
- Tuition and Fees: $11,610
- Room and Board: $12,770
- Other Expenses: Approximately $4,460 TuitionHero Fox Business+6SoFi+6Investopedia+6 AP News
Public Four-Year Colleges (Out-of-State Students)
- Average Annual Cost: $46,730
- Tuition and Fees: $29,150
- Room and Board: $12,770
- Other Expenses: Approximately $4,810 Axios+4TuitionHero+4Fox Business+4
Private Nonprofit Four-Year Colleges
- Average Annual Cost: $60,420
- Tuition and Fees: $41,540
- Room and Board: $14,650
- Other Expenses: Approximately $4,230 Education Data Initiative+2TuitionHero+2Credible+2
Total Estimated Cost for a 4-Year Degree
- Public Four-Year (In-State): Approximately $115,360
- Public Four-Year (Out-of-State): Approximately $186,920
- Private Nonprofit Four-Year: Approximately $241,680 Northwestern Mutual
Financial Aid Considerations
While these figures represent average costs, many students receive financial aid, which can significantly reduce the net cost. For instance, the average undergraduate received approximately $16,360 in financial aid during the 2023–2024 academic year. News Minimalist
We asked this question to AI.
What % of college students get financial aid what are the average amount of aid per student?
AI answered this:
As of the 2023–2024 academic year, financial aid continues to play a crucial role in making higher education more accessible. Here’s an overview of the current landscape:529 College Guide
📊 Percentage of Students Receiving Financial Aid
- Undergraduate Students: Approximately 87.3% of undergraduate students accepted some form of financial aid .529 College Guide
- Graduate Students: About 74% of graduate students received financial aid . National Center for Education Statistics+3Occupational Health & Safety+3Higher Education News | Higher Ed Dive+3
💰 Average Financial Aid Awarded
- Undergraduate Students: The average total financial aid package for undergraduates was $15,480, which includes:
- Grants: $10,320
- Federal Loans: $3,860
- Other Aid: $940 Education Data Initiative+7529 College Guide+7Occupational Health & Safety+7
- Graduate Students: Graduate students received an average of $28,300 in financial aid, comprising:
- Grants: $11,300
- Graduate Assistantships: $18,800
- Loans: $26,000 529 College Guide Higher Education News | Higher Ed Dive+6Occupational Health & Safety+6Campus Technology+6 Occupational Health & Safety+2Campus Technology+2National Center for Education Statistics+2
🏛️ Types of Financial Aid
- Federal Aid: 55% of undergraduates received federal aid, including Pell Grants and Direct Loans .nces.ed.gov.qipservices.com+4Occupational Health & Safety+4Campus Technology+4
- State Aid: 23% of undergraduates benefited from state financial aid programs .
- Institutional Aid: 28% of undergraduates received aid directly from their colleges or universities .
📍 Financial Aid in Colorado
In Colorado, for the 2023–2024 academic year:Education Data Initiative
- 82,900 college students received a total of $400.1 million in federal grants.Education Data Initiative+1College Board Research+1
- 105,500 students took out $1.388 billion in federal loans.Education Data Initiative
- The average federal loan amount per student was $13,151.66 .Education Data Initiative
We asked this question to AI.
Current wages for a college grad, a doctorate degree, average construction worker, high school grad with no skills, high school dropout?
AI answered this:
Certainly! Here’s an overview of average annual wages in the United States as of 2024, categorized by education level and occupation:
🎓 Education Level-Based Earnings
| Education Level | Median Weekly Earnings | Annual Equivalent (approx.) |
|---|---|---|
| High School Dropout | $721 | ~$37,500 |
| High School Graduate (no college) | $946 | ~$49,200 |
| Some College or Associate Degree | $1,012 | ~$52,600 |
| Bachelor’s Degree | $1,541 | ~$80,000 |
| Advanced Degree (Master’s, Doctoral, etc.) | $1,864 | ~$97,000 |
Note: These figures are based on data from the U.S. Bureau of Labor Statistics for the third quarter of 2024. Bureau of Labor Statistics
🧱 Occupation-Based Earnings
- Construction Worker: The average annual salary for a construction worker is approximately $46,430, with entry-level positions starting around $23,650 and experienced workers earning up to $88,220. Jobted
- Doctor (Physician): Physicians, particularly specialists, have some of the highest earnings. For instance, neurosurgeons earn an average of $788,313 annually, while orthopedic surgeons earn around $624,043. Verywell Health