Taylor Business Institute's tuition & fees has increased from $13,500 (2014) to $12,000 (2024), and the rate of tuition increase is 11.11% over the past 10 years.
The 2024 tuition & fees have significantly risen this year (more than 10%) at Taylor Business Institute.
Taylor Business Institute's tuition increase rate is lower than the Illinois's average increase rate of -8.12%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 1.13% from 2014 ($24,375).
For the current academic year 2023-2024, Taylor Business Institute's COA is $24,650, which is increased by 5.79% from last year.
The following table and chart show changes to Taylor Business Institute's COA over the past 10 years.
On-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have decreased 11.11% for the last 10 years , and the 2024 tuition & fees are $12,000. The following table and chart show the tuition & fees changes at Taylor Business Institute over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $250, and it has decreased -66.67% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $750 | - |
|---|
| 2015-16 | $750 | |
|---|
| 2016-17 | $750 | |
|---|
| 2017-18 | $750 | |
|---|
| 2018-19 | $750 | |
|---|
| 2019-20 | $750 | |
|---|
| 2020-21 | $750 | |
|---|
| 2021-22 | $250 | -66.67% |
|---|
| 2022-23 | $250 | |
|---|
| 2023-24 | $250 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 0.00% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Taylor Business Institute.
| Year | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,125 | - |
|---|
| 2015-16 | $10,125 | |
|---|
| 2016-17 | $10,125 | |
|---|
| 2017-18 | $10,125 | |
|---|
| 2018-19 | $10,125 | |
|---|
| 2019-20 | $10,125 | |
|---|
| 2020-21 | $12,400 | 22.47% |
|---|
| 2021-22 | $12,400 | |
|---|
| 2022-23 | $12,400 | |
|---|
| 2023-24 | $12,400 | |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Taylor Business Institute and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Taylor Business Institute | $12,000 | $10,650 | 12.68% |
|---|
|
| Rasmussen University-Illinois | $15,768 | $14,294 | 10.31% |
|---|
|
| Universal Technical Institute of Illinois Inc | $41,050 | $39,850 | 3.01% |
|---|
|
| Lincoln College of Technology-Melrose Park | $31,882 | $34,835 | -8.48% |
|---|
|
| Midwestern Career College | $17,320 | $11,600 | 49.31% |
|---|
|
| Coyne College | $16,641 | $16,641 | - |
|---|
|