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Finding the Rates of Change
Change in Tuition / Change in Time =
$4408 - $4066 / 2005 - 2004 = $342
This means that tuition increased by $342 between the years 2004 and 2005.
Years Change
2004-2005 $342
2005-2006 $282
2006-2007 $282
2007-2008 $346
2008-2009 $1528
2009-2010 $1288
2010-2011 $1586
2011-2012 $4
2012-2013 $278
2013-2014 $154
Average Rate of Change:
Sum of all the Changes divided by the number of years.
6090 / 10 = $609
This means that on average, tuition increases by $609 each year.