College is getting even more expensive this fall
College students will get an unwelcome lesson this fall in the rising cost of campus life. Already dealing with the rise of AI and a White House that’s made research funding anything but a certainty , students will also feel the effects of inflation, which has raised the cost of laptops, software, transportation, and other college essentials. Here are just some of the price increases that college…
College students face an even steeper rise in expenses this fall, with the soaring cost of living and inflation hitting various aspects of campus life. Laptops and technology prices have seen significant increases, with Apple raising prices on iPads, laptops, and the new Apple Neo by 15-25%. Other tech giants like HP, Lenovo, and Microsoft Surface have also increased laptop prices.
Computer software and accessories have seen a 17.4% year-over-year price hike, including new AI-powered features. Meanwhile, food prices have skyrocketed 33% over the past seven years, with coffee costs nearly doubling since 2020. College meal plans may not fully protect students from rising prices, as average room and board costs have risen by 83.2% since 1970.
Transportation costs are also on the increase, with fuel prices remaining high since the Iran conflict began in March, and airfare up 26.5% year-over-year.
Written by urgent.news from Fast Company's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
