Education: Facing Up to Sticker Shock

Up to Sticker Shock As tuitions soar ahead of inflation, colleges try to explain why

These days, acceptance letters from colleges are appearing in mailboxes all across the country. No sooner are the envelopes opened than many parents turn their attention from their child's good fortune to another kind of fortune: the small one the next four years will cost them. The price of a degree has been climbing throughout the '80s at a rate double that of inflation. The figures at elite universities, particularly, are enough to cause sticker shock, even though the current increases at many schools are the lowest in a decade. Dartmouth's tuition (not counting room and board) will be $12,474 next...

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