Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Colombia
Index 2015=100, Quarterly, Not Seasonally Adjusted
COLODCNPI03IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.40
Year-over-Year Change
9.32%
Date Range
1/1/1986 - 7/1/2023
Summary
This index measures the change in consumer prices for college tuition and fees in the United States on a quarterly basis. It provides valuable insights into the cost of higher education for policymakers and households.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The College Tuition and Fees Index is a key economic indicator that tracks the price changes of college tuition and required fees for undergraduate education. It is a widely used metric for understanding the affordability of higher education and can inform policy decisions related to college costs.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index (CPI) program.
Historical Context
This index is closely monitored by economists, policymakers, and families to assess the trends in the cost of college education and its impact on household budgets.
Key Facts
- The index has a base year of 2015.
- Tuition and fees have increased by over 40% since 2015.
- College costs are a significant financial burden for many households.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in consumer prices for college tuition and fees in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the affordability of higher education, which is a key concern for policymakers, students, and their families.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index (CPI) program.
Q: How is this trend used in economic policy?
A: This index is closely monitored by economists and policymakers to assess the trends in the cost of college education and inform policy decisions related to higher education affordability.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a typical release delay of approximately one month.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (COLODCNPI03IXOBQ), retrieved from FRED.