The common definition of inflation as used by most people is not correct, inflation just means an increase in the money supply. It's actual effects on prices a

The common definition of inflation as used by most people is not correct, inflation just means an increase in the money supply. It's actual effects on prices are another due to many different factors. For instance, due to the massive advances in computers and manufacturing we've seen prices drop or stay level as the growth in the money supply has grown at a fast pace. I agree that the actual cost of tuition has grown at an alarming pace, but we need why. Where is the money being spent, in a lot of cases you'll see that money is being spent on luxuries that are not needed in a university.