Tuition rates increased at the lowest rate this year when compared with the four previous years, according to data released today by the College Board. The average tuition and fees for in-state students at public four-year colleges and universities rose 0.9% over 2012, the lowest rate of increase since the 2008-09 school year. However, the net price students at public four-year colleges pay after grant aid is subtracted rose by about 2.3%. "This year's slowing of the price spiral does not mean that college is suddenly more affordable," the report's co-author Sandy Baum said.
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