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The British government introduced legislation in 2012 so that universities had the option to raise their tuition fees for students from $3,000 to...

The British government introduced legislation in 2012 so that universities had the option to raise their tuition fees for students from $3,000 to $9,000. Does that mean the cost of going to the university has tripled? (Think about how an accountant and an economist might answer this question).

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