College Tuition Hits a Ceiling?

Colleges and Universities (I would imagine, although that’s not what’s measured in the graph below) have basically stopped raising tuition.

The 0.2% increase is the lowest in 40 years, and below the rate of overall inflation, making it a price decrease in real terms.

Whether this is due to COVID reducing demand, or a realization that they’ve reached a price ceiling I have no idea, but it’s a big and welcome change.

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