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In 2009, Internationale Outstanding University (IOU) had an enrollment of 25,036 undergraduates, each of whom paid $6,196 per year in tuition. In 2010, enrollment was
In 2009, Internationale Outstanding University (IOU) had an enrollment of 25,036 undergraduates, each of whom paid $6,196 per year in tuition. In 2010, enrollment was 26,180 students, and tuition was raised 3.4%. In 2011, IOU received $186.8M in revenue from student tuition, and enrollment was 28,372 students. In 2012, it is estimated that tuition will be $6,905 and IOU needs to receive 6.4% more total revenue from tuition than in 2011.
What was the growth rate of tuition from 2010 to 2011?
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