Kyle Piira

Tag: college

  • The relationship between college enrollment and tuition

    I spent my evening determining a reasonable expected growth rate for future college tuition. The graph below displays the correlation between college attendance rates and tuition. While I’m not concluding causation from the data, it seems plausible that increased enrollment rates have led to higher tuition costs. With enrollment now peaking at around 100% and appearing to decline, I anticipate a lower future growth rate. The historical growth rate was approximately 6%, but I’m considering a rate closer to 2% going forward.

    In the data attendance rate is defined as the number of people enrolled in college divided by the number of people aged 18-22 in the United States.