University tuition rose by about 30% in 2023

From what I remember, tuition in college used to be around $4,500, but now the news seems to show it's普遍 at $6,500. Is it that the money's lost its value and inflation is severe, or are prices generally going up, or maybe the economy's struggling and they need to charge more to make up for budget shortfalls…

Degrees Are Losing Their Value, So Why Are College Tuition Fees Rising?