How much has LBI's Tuition Increased over the Past 10 Years?

The total cost of attendance, including tuition & fees, books & supplies costs, and living costs, increased by inf% from (-), where LBI's current cost is $16,585. In 2024, the COA is decreased by -1.88% from last year.
The undergraduate tuition & fees has increased from $9,240 (2012) to $11,470 (2024), and the rate of tuition increase is 40.05% over the past 10 years. The 2024 tuition & fees are the same as last year (2023) at Laurel Business Institute.
LBI's tuition increase rate is higher than the Pennsylvania's average increase rate of 19.03%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.

Cost of Attendance Changes

The following table and chart illustrate the changes in the total cost of attendance (COA) for Laurel Business Institute over the past 12 years. The COA has increased inf% for that period where the last year costs were $16,585. The total cost includes the tuition & fees, books & supplies, and living costs. The total costs vary by student tuition rates (i.e. in-state or out-of-state) and living facility (i.e. staying on or off campus).

Tuition & Fees Changes

The tuition & fees have increased 40.05% for the last 12 years where the 2024 tuition & fees are $11,470. The following table and chart show the tuition & fees changes at Laurel Business Institute over last the 12 years.
YearUndergraduateChange By Year
2012-13$9,240-
2013-14$9,444 2.21%
2014-15$9,644 2.12%
2015-16$9,744 1.04%
2016-17$9,744 0.00%
2017-18$9,914 1.74%
2018-19$10,104 1.92%
2019-20$10,645 5.35%
2020-21$10,912 2.51%
2021-22$10,970 0.53%
2022-23$11,470 4.56%
2023-24$11,470 0.00%
Laurel Business Institute Tuition & Fees Changes Chart

Books & Supplies Costs Changes

The cost of purchasing books & supplies which are required/recommended for courses $975, and it has decreased -18.75% from the year 2012 to 2024.
YearBooks & SuppliesChange by Year
2012-13$1,200-
2013-14$1,350 12.50%
2014-15$1,350 0.00%
2015-16$1,410 4.44%
2016-17$1,384 -1.84%
2017-18$1,365 -1.37%
2018-19$1,368 0.22%
2019-20$1,226 -10.38%
2020-21$1,364 11.26%
2021-22$1,314 -3.67%
2022-23$1,292 -1.67%
2023-24$975 -24.54%

Living Costs Changes

The living costs including room, board, and other living expenses have increased 19.86% when living-off campus from the year 2012 to 2024. The following table shows the changes in living costs at Laurel Business Institute.
YearLiving Off CampusChange by Year
2012-13$750-
2013-14$750 1.39%
2014-15$750 2.99%
2015-16$900 20.00%
2016-17$900 0.00%
2017-18$900 0.00%
2018-19$899 0.00%
2019-20$899 0.00%
2020-21$899 0.00%
2021-22$899 0.00%
2022-23$899 0.00%
2023-24$900 0.00%
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