Average Tuition and Fees in 2014 Dollars 2000-2015 Academic Year Public 4-year Public 2-year 00-01 $4,837 $2,264   01-02 $5,055 $2,158 02-03 $5,241 $2,214 03-04 $6,018 $2,473 04-05 $6,448 $2,615 05-06 $6,696 $2,660 06-07 $6,795 $2,653 07-08 $7,081 $2,624 08-09 $7,148 $2,580 09-10 $7,825 $2,842 10-11 $8,337 $2,997 11-12 $8,728 $3,135 12-13 $8,991 $3,280 13-14 $9,062 $3,306 14-15 $9,139   $3,347   Tuition and fees at public four-year and public two-year institutions from 2000-2015 are shown in the table and the graph above. Values have been adjusted to 2014 dollars to account for inflation. a. What is the absolute change in tuition and fees at public four-year institutions from 2000-01 to 2014-15? b. Calculate the relative change in tuition and fees at public four-year institutions from 2000-01 to 2014-15. Round to the nearest whole percentage point.

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Average Tuition and Fees in 2014 Dollars 2000-2015

Academic Year Public 4-year Public 2-year
00-01 $4,837 $2,264  
01-02 $5,055 $2,158
02-03 $5,241 $2,214
03-04 $6,018 $2,473
04-05 $6,448 $2,615
05-06 $6,696 $2,660
06-07 $6,795 $2,653
07-08 $7,081 $2,624
08-09 $7,148 $2,580
09-10 $7,825 $2,842
10-11 $8,337 $2,997
11-12 $8,728 $3,135
12-13 $8,991 $3,280
13-14 $9,062 $3,306
14-15 $9,139   $3,347

 

Tuition and fees at public four-year and public two-year institutions from 2000-2015 are shown in the table and the graph above. Values have been adjusted to 2014 dollars to account for inflation.

a. What is the absolute change in tuition and fees at public four-year institutions from 2000-01 to 2014-15?

b. Calculate the relative change in tuition and fees at public four-year institutions from 2000-01 to 2014-15. Round to the nearest whole percentage point.

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