Cost Of College Eclipses Inflation By 27 Percent in Last Five Years

The price of attending a public four-year college has risen 27 percent beyond inflation over the past five years, according to the College Board. At Community Colleges, prices have risen 24 percent, and 13 percent at private universities.

The increases include to tuition have been driven by a drop in state funding for higher education, and things like skyrocketing growth in administrative positions, and the funding of athletic programs.