Between 2001 and 2015, equilibrium college tuition rose from $15,000 to $27,000 and equilibrium enrollment increased from 16 million to 21 million students. These changes could be the result of

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An increase in demand for college education would lead to both higher tuition prices and increased enrollment, as more individuals are willing to pay for and seek higher education, shifting the demand curve to the right. This results in a new equilibrium with both higher prices and quantities.

Between 2001 and 2015, Equilibrium College Tuition Rose from $15,000