According to the College Board, the average cost of tuition and fees for the 2014â2015 school year was $31,231 at private colleges, $9,139 for state residents at public colleges, and $22,958 for out-of-state residents attending public universities.
Full Definition of ODDITY. 1. : an odd person, thing, event, or trait. 2. : the quality or state of being odd.
DEFINITION of 'Elasticity'. A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which individuals (consumers/producers) change their demand/amount supplied in response to price or income changes. Calculated as: Next Up.