According to the U.S. Bureau of Labor Statistics, prices for college tuition and fees are 594.35% higher in 2026 versus 1987 (a $118,870.26 difference in value).
Between 1987 and 2026:College tuition experienced an average inflation rate of 5.09% per year. This rate of change indicates significant inflation. In other words, college tuition costing $20,000 in the year 1987 would cost $138,870.26 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.72% during this same period, inflation for college tuition was higher.
In the year 1987: Pricing changed by 7.52%, which is above the average yearly change for college tuition during the 1987-2026 time period. Compared to inflation for all items in 1987 (3.66%), inflation for college tuition was much higher.
Below are calculations of equivalent buying power for College tuition, over time, for $20,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1987 | $20,000.00 | 7.52% |
| 1988 | $21,523.38 | 7.62% |
| 1989 | $23,230.90 | 7.93% |
| 1990 | $25,105.82 | 8.07% |
| 1991 | $27,662.32 | 10.18% |
| 1992 | $30,637.33 | 10.75% |
| 1993 | $33,503.53 | 9.36% |
| 1994 | $35,842.40 | 6.98% |
| 1995 | $37,998.33 | 6.02% |
| 1996 | $40,148.27 | 5.66% |
| 1997 | $42,200.17 | 5.11% |
| 1998 | $43,983.02 | 4.22% |
| 1999 | $45,728.81 | 3.97% |
| 2000 | $47,619.28 | 4.13% |
| 2001 | $50,053.81 | 5.11% |
| 2002 | $53,468.85 | 6.82% |
| 2003 | $57,948.10 | 8.38% |
| 2004 | $63,438.96 | 9.48% |
| 2005 | $68,175.30 | 7.47% |
| 2006 | $72,744.23 | 6.70% |
| 2007 | $77,295.79 | 6.26% |
| 2008 | $82,116.41 | 6.24% |
| 2009 | $87,051.12 | 6.01% |
| 2010 | $91,573.06 | 5.19% |
| 2011 | $96,173.71 | 5.02% |
| 2012 | $100,838.12 | 4.85% |
| 2013 | $105,097.17 | 4.22% |
| 2014 | $108,979.29 | 3.69% |
| 2015 | $112,760.94 | 3.47% |
| 2016 | $115,795.83 | 2.69% |
| 2017 | $118,110.14 | 2.00% |
| 2018 | $120,722.01 | 2.21% |
| 2019 | $124,168.93 | 2.86% |
| 2020 | $125,877.69 | 1.38% |
| 2021 | $126,971.41 | 0.87% |
| 2022 | $129,714.98 | 2.16% |
| 2023 | $132,212.76 | 1.93% |
| 2024 | $134,491.65 | 1.72% |
| 2025 | $137,064.37 | 1.91% |
| 2026 | $138,870.26 | 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 |