For anyone who has funded college costs, you know that the costs have soared for years. In fact, over the past 30 years, college tuition has risen a whopping 400%, with annual growth rates far exceeding the rate of inflation.It seems as though market forces have caused colleges to become more competitive in their pricing as last year’s increase was more in line with inflation at 1.9%. For many, college has become unaffordable, and many are quickly ruling out choices based on price, and considering a more affordable institution.
You can read more here… https://www.wsj.com/articles/in-reversal-colleges-rein-in-tuition-1500822001