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Study: College Costs Skyrocket 112 Percent Above Rate of Inflation over Last Four Years

Submitted by jhartgen@abi.org on

As the issue of college affordability continues to be a prominent talking point on the campaign trail ahead of the 2020 presidential election, a new study shows that the cost of a college education is still increasing at a rate that far outpaces inflation, thecollegefix.com reported. The study, put out by the financial technology company Self, found that on average, college costs have risen $2,835 since 2015, increasing 112 percent more than the rate of inflation during the same period. The analysis found that “university students are paying $29,133 on average across all states just to attend. This is an increase of $2,835 for every year of tuition above the prices student were paying in 2015.” Read more

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