College Tuition in the U.S. Again Rises Faster Than Inflation
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College prices in the U.S. have again increased faster than the rate of inflation, extending a decades-long pattern of higher-education costs.
Tuition and fees at private nonprofit colleges climbed 3.7 percent on average to $31,231 this academic year, according to a report today by the College Board. For in-state residents at four-year public schools, costs rose 2.9 percent to $9,139. Inflation, measured by the personal consumption expenditures index, rose 1.4 percent in the year through September.