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The Cost of College is Up 1,200% Since 1980

Due to the shift to online classes over the past year, 2020 saw the lowest tuition increase in the last four decades. According to the Bureau of Labor Statistics, the highest year-over-year change in college tuition and fees was recorded in June 1982 at 14.2%, while overall inflation was up 6.6% over that same time period. Contrast that with November 2020, which saw the lowest year-over-year change in the average cost of college at 0.6% as colleges shifted to online classes during the pandemic.