The College Board reports that since 2000, college tuition and fees have increased by 160 percent while the share of family income required to pay for tuition at public four-year colleges has risen from 5 percent in 2000 to 17 percent today. This is an example of ________ condition.
A) a deflationary
B) a recessionary
C) a repressive
D) an inflationary
E) a depressive

Question

Quizplus · Accepted Answer

This situation is an example of an inflationary condition, where the cost of college tuition and fees has significantly increased over time, outpacing the growth of family income.

The College Board Reports That Since 2000, College Tuition and Fees