Tuition continues to rise faster than CPI

Inflation Watch readers who worry about deflation will be reassured to learn that the cost of a college education continues to rise rapidly:

Glenn Reynolds writes: “With only a few exceptions (like being admitted to Yale Law School or CalTech) I strongly recommend avoiding student loans. And I wonder — when you’ve got an industry whose prices have skyrocketed on a combination of consumer ignorance and cheap credit, what happens when consumers wise up, and credit gets harder to come by?”

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