College sticker prices have outstripped inflation for three decades. That trend is likely to continue as long as demand remains strong and opportunities for institutions to increase their productivity are limited.
"Trends in College Spending: Where Does the Money Come From? Where Does it Go?" The Delta Project on Postsecondary Education Costs, Productivity and Accountability, January 2009.
"Digest of Education Statistics: 2008." National Center for Education Statistics, 2008.
"Enrollment in Postsecondary Institutions Fall 2007; 2001 and 2004 Cohorts; and Financial Statistics Fiscal Year 2007." National Center for Education Statistics, March 2009.
Order single copies or subscribe to Region Focus and other publications from the Federal Reserve System.