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The following graph shows the inflation rates of general costs of living (for urban consumers; the CPI-U), medical costs (medical costs component of the consumer price index (CPI)), and college and tuition and fees for private four-year colleges (from College Board data) from 1978 to 2008. All rates are computed relative to 1978.
From 2002 to 2004 alone, tuition rates at public schools increased by just over 14%, largely due to dwindling state funding. A more moderate increase of 6% occurred over the same period for private schools. [51] Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52]
Over the last 30 years, tuition has increased 1,120 percent; by comparison, even the "skyrocketing" cost of health care only rose 600 percent, and housing costs have gone up a paltry 375 percent ...
Rockefeller University has the largest endowment per student in the United States. Counterbalancing the effect of the large endowments per student for private institutions, average tuition and fees at private four-year institutions were approximately two to four times the average tuition and fees of four-year public institutions in academic ...
The American higher education system is a complex beast -- it's actually 50 different systems spread across every U.S. state. Within each system are three subsystems of college costs: private...
Additionally, the cost of federal college loans will be more expensive for the 2022 to 2023 school year, as loan interest rates are increasing from 3.73% to 4.99%, and graduate loans from 5.28% to ...
In the 1980s and 1990s there were significant changes in the economics of academic life. Despite rising tuition rates and growing university revenues, professorial positions were replaced with poorly paid adjunct positions and graduate-student labor. [164] Community colleges and for-profit colleges rely almost exclusively on adjuncts for ...
The 2010s were a turbulent period for higher education in the United States, as small private colleges from across the country faced deep financial trouble as they had to make high tuition discounts in order to attract students at a time when higher education costs were increasing, regulation was becoming more stringent, and demographic ...