Between 2001 and 2010,equilibrium college tuition rose from $15,000 to $21,000 and equilibrium enrollment increased from 16 million to 21 million students. These changes could be the result of

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The increase in equilibrium college tuition and enrollment suggest that there has been an increase in demand for higher education during the time period of 2001-2010. As demand increases, market equilibrium price and quantity both increase, which is what we observe in this scenario.

Between 2001 and 2010,equilibrium College Tuition Rose from $15,000 to $21,000