To that headline, I’m tempted to add — duh!

State auditors today said most Arkansas colleges raised student costs over the last five years by amounts in excess of the 11.6 percent inflation rate from 2005 to 2010.

Do tell. This is a national phenomenon of standing much longer than five years. In some years, costs rose when the consumer price index fell. Here’s a congressional report on the “crisis” in 2003.

In short, lots of talk about the cost of college, but not much action. We did start a lottery scholarship in Arkansas, which, only one year old, has already been reduced in value.