ation The cost of a four-year college education 10 years ago was $50,000. The inflation rate for education since that time is 150 percent. What does a four-year college education cost today? Hint: use Current price/4-yr college educ cost today = previous price+ (previous price X inflation rate) Previous price or cost of 4-yr education 10 years ago $ Inflation rate( in decimal) 4-yr Coll Educ. cost today $