Definitions
When a student enters college they have more than just one bill to pay. Students are forced to pay tuition, room and board (if you are on campus), books and supplies, personal expenses, and transportation. Students tuition is the price you pay for taking the class. This amount varies from class to class depending on the field that is chosen. It can also vary by how many credits the class is worth, the amount of time you are in class, and if you are in state or out of state. Colleges have a variety of different plans for room and board. Many of these plans are very expensive but either way a student will have to pay rent somewhere. Every student will need books and course materials. These on average cost $1,200 at a four year public school. This is a large sum of money for students to be paying. Personal expenses can vary from laundry, cellphone bills, eating out, and other activities. Depending on if you ride the bus or drive to campus it is still going to add to your expenses ("Quick Guide: College Costs"). Tuition is the price or fee that is given to anyone for services used. Tuition does not include books or room and board. Inflammation is the increase of general prices for goods (tuition). Inflation usually increases each year due to a higher demand in goods (inflation). Inflation is used with economists when describing the increase of demand of a product when the product is not being produced fast enough.