College gets more expensive – again. Tuition at public four-year colleges rose 2
ID: 1201883 • Letter: C
Question
College gets more expensive – again. Tuition at public four-year colleges rose 2.9 percent this year, to an average of $8,893 per year. Out-of-state students pay an average of $22,203 to attend.
Private four-year colleges also saw tuition increases of 2.9 percent – to an average of $30,094. These tuition hikes come on the heels of a 4.5 percent jump in 2012-13 and 8.5 percent in 2011-12. Tuition prices have been outpacing general inflation rates for many years.
Source: The College Board
If tuition for private four-year colleges was $12,022 in 2010-2011, how much was it in:
Instructions: Enter your responses rounded to two decimal places.
(a) 2011-12?
$
(b) 2012-13?
$
(c) 2013-14?
$
In the News: College Tuition Up AgainCollege gets more expensive – again. Tuition at public four-year colleges rose 2.9 percent this year, to an average of $8,893 per year. Out-of-state students pay an average of $22,203 to attend.
Private four-year colleges also saw tuition increases of 2.9 percent – to an average of $30,094. These tuition hikes come on the heels of a 4.5 percent jump in 2012-13 and 8.5 percent in 2011-12. Tuition prices have been outpacing general inflation rates for many years.
Source: The College Board
Explanation / Answer
If tuition for private four-year colleges was $12,022 in 2010-2011, how much was it in:
(a) 2011-12?
$13,043.87 (8.5% increase over 2010-2011)
(b) 2012-13?
$13,629.93 (4.5% increase over 2011-2012)
(c) 2013-14?
$14,025.19 (2.9% increase over 2012-2013)
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