Colleges Have Gotten Wealthier, But Enrollment Is Dropping

The conclusion of the recent election finally brought relief to millions of voters tired of seeing political ads during every waking hour of television broadcasts across dozens of battleground states.  But once the ads disappear and reality sets in again, tough questions still linger about the cost of college and the future of federal financial aid.

In their annual report, Trends in College Pricingthe College Board once again noted with sobering headlines that the cost of college continues its slow motion explosion.  Tuition and fees at public four-year schools grew by 4.8 percent, while prices at public two-year and private four-year institutions rose by 5.8 and 4.2 percent, respectively.  For-profit college prices rose by 3 percent.  Across the board, tuition and fees were up, continuing the long-running trend of tuition and fee increases outpacing the rate of inflation. 

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