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RR Home oud Mail-Inbox (51 m... Make a Payment MyAcco... Blackboard Learn k It Out ter 6(21) TABLE OF Question 1 of 1 College tuition has risen significantly in the last few decades. From the 1979-1980 academic year to the 2012 -2013 academic year, total tuition, room, and board paid by full-time undergraduate students went from $2,327 to $17,988 at public institutions and from $5.013 to $39.296 at private institutions. This is an average annual tuition increase of 6.4% at public institutions and 6.5% at private institutions. Over the same time, average personal income after taxes rose from $8.037 to $39.514 per year. which is an average annual rate of growth of personal income of 4.9%. to afford college tuition? Have these tuition increases made it more difficult for the average student 0No thes e increases have not made it more oifficult for the average student to affordExplanation / Answer
Yes, these increases have made it more difficult for the average student to afford college.
It is so because the personal increase by only 4.6% while the incease in College tuition fees is around 6.5%
So it is difficult for the average student to afford college because increase in income is less than increase in college tution fees.
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