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Education costs tripled since 1990

College tuition and fees rose 275 percent between 1990 and 2009, according to a new analysis from the American Institute for Economic Research. That's nearly four times the rate of inflation: the Consumer Price Index rose 71 percent in that span.

Some other things that rose in price by 200 percent or more: K-12 tuition and fees (251 percent), hospital services, nursing homes and adult day care (246 percent) and household fuel oil (206 percent). Cheaper now than in 1990: photographic equipment, toys, televisions and personal computers.

Please check out our new Higher Education page for news, blogs, admissions advice and links to the Chronicle of Higher Education and campus newspapers. Bookmark it!

And send us your Tweets using the new #wpcollege hashtag. They will automatically appear on our live Twitter feed on the Higher Education page. Check it out!

By Daniel de Vise  |  January 26, 2010; 4:52 PM ET
Categories:  Finance , Research  | Tags: college finance, tuition and fees  
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