U.S. College Tuition Rises 4.6%, Beating Inflation

It pays to read these things carefully. Tuition at private non-profit colleges increased at 4.6%, but adjusted for inflation this was a 1% increase, one of the smallest in the past 40 years. And again, these are published prices: student aid is up 7% which means this is less a story about spiraling college costs, and more a story about private colleges using increased price discrimination. Which could be a fascinating story, if we cared to dig into it.

Incidentally, for those unused to Tumblr, you click the title to get to the story I’m talking about. Yeah, took me a minute too…