The accompanying table contains two price indexes for the years 2013, 2014, and 2015: the GDP deflator and the CPI. For each price index, calculate the inflation rate from 2013 to 2014 and from 2014 to 2015.

Year GDP deflator CPI 2013 106.929 232.964, 2014 108.686 236.715 2015 109.775 236.995 14, The cost of a college education in the United States is rising at a rate faster than inflation. The following table shows the average cost of a college education in the United States during the academic year that began in 2014, and the academic year that began in 2015 for public and private colleges. Assume the costs listed in the table are the only costs experienced by the various college students in a single year.

a. Calculate the cost of living for an average college student in each category for 2014 and 2015.

b. Calculate an inflation rate for each type of college student between 2014 and 2015.