Tuition Prices Are Less Transparent Than Ever: Regulators Should Pull Back the Curtain
College tuition prices are out of control. Since 1983, sticker prices have increased by 914%, rising at an average rate of 5.5% a year—far faster than any other household expense over the same period. Private four-year colleges are driving this trend, with average tuition and fees rising from $5,093 in 1983 to $43,350 in 2024.