Inflation in college tuition and the U.S. consumer price index since 1983

Inflation in college tuition and the U.S. consumer price index since 1983

Increases in tuition have dramatically outpaced other popular spending categories over the last 40 years.

Percent change in the CPI | Dec. 1982–Dec. 2024

The horizontal bar chart shows the percent change in the consumer price index for eight major categories from December 1982 through December 2024.

Source: J.P. Morgan Asset Management analysis of the U.S. Consumer Price Index