What is the percentage change in the average cost of tuition and fees and room and board for a public two-year college from 1975-76 to 2015-16? In 1975-76: Average cost was $1,079 In 2015-16: Average cost was $3,435 . find percentage change

To calculate the percentage change in the average cost of tuition and fees and room and board for a public two-year college from 1975-76 to 2015-16, we can use the following formula for percentage change:

\[
\text{Percentage Change} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100
\]

Where:
- New Value (2015-16 cost) = $3,435
- Old Value (1975-76 cost) = $1,079

Substitute the values into the formula:

\[
\text{Percentage Change} = \frac{3435 - 1079}{1079} \times 100
\]

Let's calculate this.

\[
\text{Percentage Change} = \frac{2356}{1079} \times 100 \approx 218.33\%
\]

The percentage change in the average cost is approximately **218.33%**.

Would you like more details or have any questions? Here are five related questions for further exploration:

1. What is the difference in absolute value between the two years' costs?
2. How would the percentage change differ if inflation is accounted for?
3. What was the annual percentage increase over those 40 years?
4. How does the percentage change compare with that of four-year public colleges during the same period?
5. What was the inflation rate between 1975-76 and 2015-16?

**Tip**: When dealing with financial changes over time, it's useful to consider inflation to understand real value changes.

What is the percentage change in the average cost of tuition and fees and room and board for a public two-year college from 1975-76 to 2015-16? In 1975-76: Average cost was $1,079 In 2015-16: Average cost was $3,435. Find percentage change.

Learn how to calculate the percentage change in the average cost of tuition and fees for a public two-year college from 1975-76 to 2015-16. The average cost increased from $1,079 to $3,435, resulting in a percentage change of approximately 218.33%. Understand the key concepts and formulas used in this calculation.

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