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Cost of living increased roughly 3.25-fold during this time; medical costs inflated roughly 6-fold; but college tuition and fees inflation approached 10-fold. Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation.
Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52] In the 2012 fiscal year, state and local financing declined to $81.2 billion, a drop in funding compared to record-high funding in 2008 of $88 billion in a pre-recession economy.
College tuition in the United States is one of the costs of a post-secondary education. The total cost of college is called the cost of attendance (or, informally, the "sticker price") and, in addition to tuition, can include room and board and fees for facilities such as books, transportation, or commuting provided by the college.
The Atlantic dug up a New York Times editorial from 1875 where the author griped that the cost of a single year of college could have paid for all four years a generation before.
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 ...
Although tuition costs rose across the board during the Great Recession, the hardest-hit states increased their tuition costs more sharply due to higher budget cuts. For instance, Iowa, one of the ...
For the Common Good: A New History of Higher Education in America (Cornell UP, 2017) 308 pp; Dorn, Charles. American education, democracy, and the Second World War (2007) online; Geiger, Roger L. The History of American Higher Education: Learning and Culture from the Founding to World War II (Princeton UP 2014), 584pp; encyclopedic in scope online
In 1980, the annual cost of attending a four-year college was $10,231. By 2019, it rose to $28,775 — a 180% increase . Even just from February 2020 to February 2023, college tuition costs have ...