REPORT: COST OF COLLEGE RISING FAR ABOVE SALARY, DOLLAR GROWTH

New Jersey colleges raised their tuition at a much higher rate than inflation or salary growth would dictate. The Star-Ledger reports that the state’s colleges raised their tuition in the past year anywhere from 3.5 percent to 7.3 percent. A new state provision forced the state’s public universities to keep to no more than a four percent increase. Private colleges were able to raise their tuition at any rate.