Education: The Campus Value Line

College prices outstrip inflation in a seller's market

In thousands of U.S. families, the pride of sending a youngster to college is being tempered by the chilly reality of rising costs. Last week the College Board, a research and service organization, reported that the price for four-year public schools has jumped 8% over last year, to an average of $5,314; for private institutions 7%, to $9,659. These figures, for students living on campus, include tuition, books and supplies, housing, transportation and incidentals, and climax a decade in which the rates for higher education have more than doubled. The really bad news is that they are currently rising at twice...

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