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- The data supports which of the following statements for the period shown?

Select__all__that apply.

- The average student’s tuition expenses increased each year.
- The average student’s rent expenses increased each year.
- The average student’s total expenses for food, rent, and tuition combined increased each year.

Answer: B,C

- The average student’s tuition expenses remained the same in 2018 and 2019.
- The average student’s rent expenses increased each year. TRUE
- The average student’s total expenses for food, rent, and tuition combined increased each year TRUE

- By approximately what percent did the average student’s tuition increase from 2016 to 2019?

- 9%
- 10%
- 11%
- 17%
- 20%

Answer: C

The tuition in 2016 was 27,000 and in 2019 it was $30,000

Increase = 30,000 – 27,000 = 3,000

% increase = 3000/27000 x 100 = 11.11%

- Considering the costs of tuition and accommodation only, the average student’s expenses increased by an average of how much per year over the period shown?

- $950
- $1000
- $1050
- $1200
- $1250

Answer: E

In 2016 the costs of tuition and accommodation only was $31,000 while in 2019 the costs of tuition and accommodation only was $36,000

There has been an increase of $5000 over 4 years = $1250 per year.

- What was the average college tuition fees in 2019?

- $30,000
- $14,400
- $27,000
- $21,600
- $24,000

Answer: D

In 2019, students spent $30,000 on tuition of which 72% was spent on college tuition fees = 72/100 x 30000 = $21,600

- In 2019, the cost of Books and Periodicals was what percent of the student’s total expense?

- 9.73%
- 11.59%
- 12.28%
- 13.33%
- 16.67%

Answer: B

In 2019, students spent a total of $44,000 at University.

Of this $30,000 was spent on tuition and Books and Periodicals accounted for 17% of that $30,000

= 17/100 x 30,000 = $5,100

So the percentage expense on Books & Periodicals was 5100/44000 x 100 = 11.59%

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