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How tuition compares to the overall inflation rate

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Pursuant to congressional requests, GAO provided information on: (1) changes in college tuition levels relative to increases in consumer prices and families’ ability to pay; (2) the extent that increased expenditures for instruction, administration, research, and other services have contributed to the increase in colleges’ overall expenditures; (3) how tuition levels at public colleges and.

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Average Rates of Growth of Published Charges by Decade. Between 2007-08 and 2017-18, published in-state tuition and fees at public four-year institutions increased at an average rate of 3.2% per year beyond inflation, compared with average annual increases of 4.0% and 4.4% over the two prior decades.

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That 1975 home adjusting for inflation would cost $209,417. This is a “real” increase of 29 percent. A new car costs $31,252 while that 1975 car adjusting for inflation would cost $16,578. This is a true doubling of cost here. Public college costs are up over 150% while private college costs are up over 160%.

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The highest student-loan default rates are found among the students with the lowest student debt burden: borrowers who owe the government less than $5,000. The median ratio of educational debt to income for households under 35 fell 5 percentage points between 2013 and 2016.

 · The typical student who crossed state lines to attend a public college in 2012 paid $21,706 in tuition and fees after grants and scholarships – a 4 percent jump from the previous year. Over the past five years, the tuition sticker price at public four-year colleges is up 27 percent beyond overall inflation.

For example, the overall composite inflation rate may be 1 percent, but oil and gas may actually be 10 percent lower while housing related expenses are 4 percent higher. The Shocking Increase Of College Tuition By State. by Tyler Durden.. or 28 percent, above the rate of inflation (in non-inflation-adjusted terms, average tuition is up $2,702).

The inflation rate for a particular item in the basket may vary drastically from the overall inflation rate due to supply and demand conditions for that individual good. For example, the overall composite inflation rate may be 1 percent, but oil and gas may actually be 10 percent lower while housing related expenses are 4 percent higher.