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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 ...
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.
What we found is that while the national average for tuition, other school fees, and child care increased by 2.5% between May 2021 and May 2022, college tuition and fees only increased by 2.1% ...
Study comparing college revenue per student by tuition and state funding in 2008 dollars. [50] College costs are rising while state appropriations for aid are shrinking. [citation needed] This has led to debate over funding at both the state and local levels. From 2002 to 2004 alone, tuition rates at public schools increased by just over 14% ...
College Degree Returns by Average 2011 Annual Out-of-Pocket Costs, from B. Caplan's The Case Against Education First-year U.S. college degree returns for select majors, by type of student Study comparing college revenue per student by tuition and state funding in 2008 dollars [121] The view that higher education is a bubble is debated.
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. Thus, even after controlling for the effects of general inflation, 2008 college tuition and fees posed three times the burden as in 1978.
Reasons why college tuition is rising Students applying for college — and their parents — may be met with sticker shock when they see the total cost of attendance for school.
The cost disease may also have only limited effects on primary and secondary education: a 2016 study on per-pupil public education spending by Manabu Nose, an economist at the International Monetary Fund, found that "the contribution of Baumol's effect was much smaller than implied by theory"; Nose argued that it was instead rising wage ...