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by gruez
1063 days ago
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>It's still surprises me that The Economist would use CPI-adjusted figures, but fail to mention the adjustment Are we reading the same article? >A report from the College Board, a non-profit, shows that whereas published tuition and fees for private non-profit colleges increased from $29,000 in 2006-07 to $38,000 in 2021-22 (in 2021 dollars), the net price actually decreased from $17,000 to $15,000. "in 2021 dollars" clearly implies CPI adjustment. |
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The figures that surprised me were the ones at the end of that sentence (the 'drop' from $17k to $15k). I reread that part, didn't see anything about constant dollars for those numbers, and then went looking for the source data.