Costs That Rise Faster Than Inflation

Many costs today are rising faster than inflation. The most important, and the one that breaks almost every family budget is that of going to college.

Several reasons account for this. One, is that the government subsidizes this effort with tax breaks, Schools are, therefore, not under much pressure to reduce their charges. They do give scholarships, but their charges tend to rise far too much beyond normal inflation.

Schools claim their own expenses are rising at this fast clip, but they may not be exerting enough effort to curtail their budgetary controls, with the government subsidies practically assured.

It is said that health insurance costs are rising as much as three times as much as inflation. But this is not the case. You cannot compare costs when new advances in medicine defy any true comparison of medical procedure and achievement. So, much of the health care inflation talk is bogus.