College Costs Slow While Outpacing Inflation

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Tuition and fees at U.S. public universities rose 2.9 percent this year, the smallest increase since the mid-1970s while still outpacing inflation, a College Board report found.

In-state residents at four-year colleges are paying an average of $8,893 in the 2013-2014 school year, up from $8,646 the year before. Nonprofit private colleges raised tuition and fees 3.8 percent, to $30,094.