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What we found is that while the national average for tuition, other school fees, and child care increased by 2.5% between May 2021 and May 2022, college tuition and fees only increased by 2.1% ...
If inflation is 4%, college inflation is 8% — and 8% inflation means that the cost of college doubles every nine years. Today, however, the inflation rate is not 4%.
According to the American Enterprise Institute, the cost of college tuition has increased more in the 21st century than all other goods and services except for hospital care — tuition inflation ...
Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation. Thus, even after controlling for the effects of general inflation, 2008 college tuition and fees posed three times the burden as in 1978.
Study comparing college revenue per student by tuition and state funding in 2008 dollars. [50] College costs are rising while state appropriations for aid are shrinking. [citation needed] This has led to debate over funding at both the state and local levels. From 2002 to 2004 alone, tuition rates at public schools increased by just over 14% ...
Due to popular demand, the cost of higher education has grown at a rate faster than inflation between the late 20th and early 21st centuries. [80] Student housing costs have risen faster than even tuition fees. [81] From the 1990s to the 2010s, tuition and fees jumped 440%, as federal loans for students became more generous. [58]
Ultimately, persistent inflation, rising administrative costs and reduced state funding for higher education keep college costs high– and they continue rising. While blaming inflation alone for ...
During the 2023-24 academic year, full-time resident students at public four-year colleges paid an average of $11,260 in tuition and fees, while non-resident students paid an average of $29,150.