Pricing students out of an education

Tim Goral's picture

The cost of a college education in Virginia is going up … again.

According to the State Council of Higher Education, undergraduates at the state’s public four-year universities will pay 5.2 percent more in tuition and mandatory fees in 2015 than they did a year ago. This year’s increase is up from 4.3 percent last year and 4.1 in the 2012-2013 academic year. Between 2008 and 2012, state tuition increases averaged 8.4 percent, with a high-water mark of 10.6 percent in 2011.

Imagine if Target or Harris Teeter bumped their prices up by 7 or 8 percent a year for a decade. People would find other places to shop.

Unfortunately, most of Virginia’s college-bound students don’t have that option.

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