Are many universities/colleges increasing their cost of attendance by $3,000 each year?

College Search & Selection
6

<p>I see. I found the nation’s historical inflation rate to be about 2.8% per year, but I underestimated it, assuming it to be the same as that of other developed countries whose average annual interest rate was lower. As you can see from the following data, the increase is about $3k/yr. The rate of increase should be about 4.2%, so it’s not an outlier, as you mentioned.<br>
2014 - 2015: $67,600
2015 - 2016: $70,304
2016 - 2017: $73,116
2017 - 2018: $76,040
<a href=“http://www.wesleyan.edu/admission/international_students/cof%20instructions.html”>http://www.wesleyan.edu/admission/international_students/cof%20instructions.html&lt;/a&gt;&lt;/p&gt;

<p>I’m an international student living in my host family’s home and go to American private high school. Each year I have spent $8k for anything beside my tuition and home staying fee. The rough breakdown of my personal spending is as the following:
Transportation $1.5k (A plane ticket to my home country costs about $1k)
Lunch $1k
Cellphone & gym $1k
Private tutor & online classes $2k
Textbooks & prep books $0.5k
Summer program $2k</p>

<p>Does this sound luxurious? I think my definition of “personal spending” was wrong. I probably don’t need to spend for lunch, private tutor & online classes, and prep books in my college, but instead I will need to spend much for a car, which I haven’t owned yet but I will. </p>