LYCOS RETRIEVER 
Inflation: Inflation Rates
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A good rule of thumb is that tuition rates will increase at about twice the general inflation rate. During any 17-year period from 1958 to 2001, the average annual tuition inflation rate was between 6% and 9%, ranging from 1.2 times general inflation to 2.1 times general inflation. On average, tuition tends to increase about 8% per year. An 8% college inflation rate means that the cost of college doubles every nine years. For a baby born today, this means that college costs will be more than three times current rates when the child matriculates in college. This section of FinAid provides detailed information about the rate of increase of college tuition.
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NEW YORK, Jan. 11 /PRNewswire-FirstCall/ -- Mortgage rates were flat this week even as concerns about inflation began to percolate. The average 30-year fixed rate mortgage remained at 6.24 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.23 discount and origination points.
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This is an inflation calculator for adjusting costs from one year to another using the Producer Price Index (PPI) inflation index. This inflation calculator is based on the average inflation index during the calendar year. This inflation calculator will compute inflation rates between 1947 and 2003. The Producer Price Index measures changes in the wholesale prices of finished goods.
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The following table and chart shows the geometric mean of college costs and general inflation for the period from 1958 through 1996, as well as the ten-year periods ending in 1986 and 1996. As can be seen from the table, the college inflation rate runs between one and a half to two times the general inflation rate.
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The Trimmed Mean PCE inflation rate for the 12-month period ending in September was 2.2 percent. Over the same 12 months, the price index for overall PCE rose 2.4 percent and the price index for PCE excluding food and energy rose 1.8 percent.
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The basic CPIs to basic period (December 1999=100) provide the base for calculating all the CPIs to give inflation rates in various periods of time. There is a principle for these calculations that inflation rates amount to aggregate CPI for households in total.
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Inflation Rates