It’s only natural for prices to increase over the years, thanks to inflation. These days, no one would expect to walk into a coffee shop and pay a quarter for a cup of tea. Yet, inflation isn’t the only factor driving up college tuition, fees, room and board. University endowments have gone through some tough times too. Plus, many prospective students and their parents underestimate the sheer scale of the operating costs of a college campus, which runs like a de facto city. Despite the rationale for raising tuition costs, higher education administrators must still find a way to strike a balance between fiscal prudence and accessibility of education, otherwise, they risk pricing students out of classes altogether.