How to calculate tuition increase?
To calculate tuition increase, subtract the previous year's tuition from the current year's tuition. Divide the difference by the previous year's tuition and multiply by 100. This helps parents and students plan for rising education costs.
Formula
Increase % = ((Current Tuition − Past Tuition) ÷ Past Tuition) × 100
Worked Example
Tuition rose from $20,000 to $21,500.
- Difference: $21,500 − $20,000 = $1,500
- Ratio: $1,500 ÷ $20,000 = 0.075
- Percent: 0.075 × 100 = 7.5%
Result: Tuition increased by 7.5%.
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