- Associated Press - Tuesday, October 25, 2016

MANHATTAN, Kan. (AP) - Kansas State University’s economics club says the cost of being a student at the university continues to rise faster than the rate of inflation.

The Manhattan Mercury (http://bit.ly/2erdiXO ) reports that since 2002, the club has measured the Student Price Index, which is similar to the Bureau of Labor Statistic’s Consumer Price Index.

The student index takes into account the costs that the average student faces like housing, tuition, gas, groceries and textbooks.

The Student Price Index rose by 2 percent this year. The average increase since the club started tracking the index has been 7 percent.

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Information from: The Manhattan (Kan.) Mercury, http://www.themercury.com

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