Tuition increases remain at a historic low

From Inside Higher Ed: “College tuition increased at historically low rates for the second year in a row, a new report from the College Board shows. In fact, after adjusting for inflation, average college tuition actually decreased during the 2021-22 academic year as colleges scrambled to attract and retain students amid steep enrollment declines. Average tuition increased by 1.6 percent, to $10,740 for in-state students at public, four-year institutions, according to the report. At private, nonprofit four-year institutions, average tuition increased by 2.1 percent to $38,070. Average tuition at public two-year institutions rose by 1.3 percent to $3,800 for in-district students. These averages are not adjusted for inflation.”