College tuition hikes are finally slowing down

By Matt Phillips.

College tuition rose at the slowest rate on record in May, as an increased focus on affordability from both students, administrators and public officials shows signs of stopping what once appeared to be the runaway price of higher education.

“Both institutions and states are worried about rising prices and about price sensitivity and are trying to slow things down,” said Sandy Baum, an economist who studies higher education finance. “But I wouldn’t predict that concerns over inflation in higher education are over.”

That said, college tuition and fees rose just 1.7 percent May, compared with the prior year.

Of course, that means college is still getting more expensive, just a bit more slowly. Published tuition and fees and private and public four-year colleges rose to $33,500 and $9,700, respectively, for the 2016-17 academic year, both the highest level on record, according to research conducted by College Board, the group best known for its SAT and AP exams

But that 1.7 percent increase—published as part of the U.S. Consumer Price Index—is far lower than average 5.4 percent annual increase seen in tuition and fees over the last 20 years. The May annual prices increase was both the lowest rate on record and below the overall 1.9 percent inflation rate, as measured by CPI.  Read the full article
Kevin OrganisciakCollege Admissions NarrativeACT,College Admissions,college planning,college scholarships,SAT,scholarshipsBy Matt Phillips. College tuition rose at the slowest rate on record in May, as an increased focus on affordability from both students, administrators and public officials shows signs of stopping what once appeared to be the runaway price of higher education. “Both institutions and states are worried about rising prices...Business Guidance for Tutors, Test Prep Instructors, and Admissions Counselors

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About Kevin Organisciak

Test Prep & Tutoring Professionals (TPP) began as a PR clipping service through Linkedin. TPP quickly gained momentum and became a niche consulting service to small and medium sized tutoring, test prep, and admissions consulting firms. We've been around for just over 6 years. Our founder, Kevin Organisciak, spent ten years as a senior executive with Kaplan Test Prep. He earned distinctions and awards, culminating with his induction to the Kaplan Fellows, President's Circle, and Kaplan Leadership Development Program. During his tenure, Kevin worked on over 120 marketing campaigns, drafted 150 budgets, oversaw a Six Sigma operating environment, and trained and developed over fifteen now VPs and Senior Directors. That last piece is what led Kevin to coaching and consulting.

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