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Yeah that's how I interpreted the handout they gave us. It's not a fixed increase on tuition, it is just showing you that tuition (and insurance) will increase every year. I think the 7%/10% rates they used are on the high side, but they just want you to know what you are getting into.
The more realistic number is in the 3-4% increase range but they are telling you worst case senario percentage increase that can occur.
Good Luck with Interviews!!
Got to get back studying Opioids, Morphine, Hydrocodone, Oxycodone, etc...