The published inflation rate for the year

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An article in the Chicago Tribune stated that in 2007, college costs rose faster than inflation and student aid. A report by the College Board found that average in-state tuition and fees at four-year public universities rose 6.6% to $6,185. Fees for private institutions rose 6.3% to $23,712. The published inflation rate for the year was 2.6%.

Reference no: EM13999741

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