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There is a misconception that there was no similar increase in financial aid to help cover the costs of tuition. This is incorrect. In 1965, $558 million was available for financial aid. In 2005 more than $129 billion was available. As college costs have risen, so has the amount of money available to finance a college education.
Between 1998 and 2014 textbook prices increased by 161 percent. [1] And since 1977, textbook prices in the country have risen 1,041 percent, more than triple the overall rate of U.S. inflation. [ 2 ] Two major reasons that could be affecting textbook prices are the constant publication of new editions, and extra material bundled into the textbooks.
The 2005 Government Accountability Office report on college textbooks said that since the 1980s, textbook and supply prices have risen twice the rate of inflation in the past two decades. [59] A 2005 PIRG study found that textbooks cost students $900 per year, and that prices [ 17 ] increased four times the rate of inflation over the past ...
If you buy college textbooks you may feel the odds are stacked against you with textbook prices rising higher than any other category in the Consumer Price Index. But this stranglehold on students ...
The USDA predicts grocery prices to increase between 10-11% in 2022, and an additional 2-3% in 2023. Gas prices A gallon of gas seems to cost an arm and a leg these days, but would have only cost ...
We have heard for many months now that inflation is running wild. According to the Bureau of Labor Statistics, the rate of inflation between May 2021 and May 2022 was 8.6%, the largest 12-month...