BUSINESS
03/28/2008 02:45 am ET | Updated May 25, 2011

College Costs Rise Twice As Quickly As Inflation Rate

Tuition and fees at public and private colleges and universities rose at more than double the rate of inflation, the College Board said in reports released this morning.

One report found that while the pace of increase has held steady at four-year private institutions, it has picked up at public ones.

The increases in the cost of higher education continue to drive up the amount that students and families borrow, with the fastest growth coming in private loans, according to a separate College Board report also released this morning.

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