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More tuition hikes, but rate increase at public school’s a 30-year low

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The average tuition and fees charged by public four-year universities in the United States rose 2.9 percent for the 2013-14 school year, the smallest annual increase in more than three decades, according to a study published on Wednesday.

But recent declines in grant aid mean many students face larger increases in what they must pay for their higher education, the non-profit College Board said in its 30th annual Trends in College Pricing report.

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