10-Year College Inflation

For the 10-years ended 2008 college costs rose more than twice as fast as general costs:.

Year College Inflation General Inflation
1999 4.24% 2.14%
2000 4.77% 3.54%
2001 5.20% 2.85%
2002 5.50% 1.46%
2003 5.77% 2.11%
2004 5.35% 2.99%
2005 5.62% 2.53%
2006 5.74% 4.32%
2007 6.02% 2.69%
2008 5.49% 5.02%
Average 5.37% 2.96%

*General inflation figure based on the Consumer Price Index produced by the Bureau of Labor Statistics. College inflation figure based on the Independent College 500 Index produced by the College Entrance Examination Board.

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