According to the U.S. Bureau of Labor Statistics, prices for college tuition and fees were 71.79% higher in 2014 versus 2004 (a $14,357.21 difference in value).
Between 2004 and 2014: College tuition experienced an average inflation rate of 5.56% per year. This rate of change indicates significant inflation. In other words, college tuition costing $20,000 in the year 2004 would cost $34,357.21 in 2014 for an equivalent purchase. Compared to the overall inflation rate of 2.28% during this same period, inflation for college tuition was significantly higher.
In the year 2004: Pricing changed by 9.48%, which is significantly above the average yearly change for college tuition during the 2004-2014 time period. Compared to inflation for all items in 2004 (2.68%), inflation for college tuition was much higher.
Below are calculations of equivalent buying power for College tuition, over time, for $20,000 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2004 | $20,000.00 | 9.48% |
| 2005 | $21,493.20 | 7.47% |
| 2006 | $22,933.61 | 6.70% |
| 2007 | $24,368.56 | 6.26% |
| 2008 | $25,888.32 | 6.24% |
| 2009 | $27,444.06 | 6.01% |
| 2010 | $28,869.66 | 5.19% |
| 2011 | $30,320.08 | 5.02% |
| 2012 | $31,790.60 | 4.85% |
| 2013 | $33,133.32 | 4.22% |
| 2014 | $34,357.21 | 3.69% |
| 2015 | $35,549.43 | 3.47% |
| 2016 | $36,506.22 | 2.69% |
| 2017 | $37,235.84 | 2.00% |
| 2018 | $38,059.27 | 2.21% |
| 2019 | $39,145.96 | 2.86% |
| 2020 | $39,684.66 | 1.38% |
| 2021 | $40,029.48 | 0.87% |
| 2022 | $40,894.42 | 2.16% |
| 2023 | $41,681.88 | 1.93% |
| 2024 | $42,400.34 | 1.72% |
| 2025 | $43,211.42 | 1.91% |
| 2026 | $43,780.75 | 1.32%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for College tuition and fees:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 57.900 | 59.908 | 64.667 | 70.833 | 79.625 | 90.325 | 99.725 | 109.942 | 119.925 | 129.633 | 139.383 | 150.000 | 161.900 | 174.967 | 192.783 | 213.517 | 233.492 | 249.792 | 264.817 | 279.800 | 294.100 | 306.525 | 318.692 | 331.867 | 348.833 | 372.633 | 403.850 | 442.117 | 475.125 | 506.967 | 538.687 | 572.283 | 606.674 | 638.188 | 670.251 | 702.758 | 732.440 | 759.495 | 785.850 | 807.000 | 823.129 | 841.332 | 865.354 | 877.263 | 884.885 | 904.005 | 921.413 | 937.295 | 955.224 | 967.810 |