Now, by 1988, the actual cost had risen to $4,678, which was 27% higher than than had it just growing at the rate of inflation. But you can see As of 2012, the cost of college outstripped the rate of inflation by almost two and a half times. So rather than costing about $7,000, which is what it would have been if it just would have grown by the rate of inflation, one year of college now is about, in 2012 was $17,474, two and a half times rate inflation. (01:29–01:36)
CLAIM
Asserts that by 2012, college costs were 2.5 times higher than the rate of inflation.
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