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Worthwhile Detours

College Tuition Increases at Lowest Rate Ever

After skyrocketing for decades, college tuition increases are now at the lowest rate ever, according to recent data from the U.S. Labor Department. Since 2006, average college tuition growth at public, four-year universities has exceeded inflation by 3.5 percent. From June 2016-17, that growth was 1.9 percent, while inflation was 2 percent. The reversal of the longtime trend comes about because college enrollment has dropped in recent years, and the number of 18- to 24-year-olds is projected to drop further through 2021. Read more here.