This was back in the 80s. Best I recall, all expenses totaled something like 16000 for the first year. But remember, in the 80s tuition prices were increasing so fast it would make your head spin,
So far, far less than now. Because I only showed tuition, not other expenses.
As was the price of everything and the worth of a dollar. It’s nobody’s fault but your own that you failed to learn simple economics…do you have a problem? You really should speak to a therapist Mr. Squid.
You’re out of your mind if you think tuition in the 80s cost anywhere near what it does now, adjusted for inflation.
Does “adjusted for inflation” really even need to be spelled out when comparing generational economics? Isn’t it just sort of commonly understood that we’re comparing them with that in mind?
How ignorant do you think people under 50 are??
Are you really not aware that college is far more expensive now that it has ever been? Really? In 2024?
But let’s look at the economics…
Firstly:
You can see that fees are up substantially over where they should be if inflation is taken into account- https://www.usnews.com/education/best-colleges/paying-for-college/articles/see-20-years-of-tuition-growth-at-national-universities
Secondly:
Between 1980 and 2023, the average price of college tuition, fees and room and board skyrocketed 155%, according to the National Center for Education Statistics. The average tuition for private colleges is now $39,723, U.S. News and World Report found.
https://www.cbsnews.com/news/college-tuition-cost-rise-loans-administrative-bloat/
Thirdly:
This is actually being studied academically- https://www.forbes.com/sites/prestoncooper2/2020/08/31/a-new-study-investigates-why-college-tuition-is-so-expensive/
Fourthly:
It’s gone up almost 5% in the last five years alone- https://www.bls.gov/opub/ted/2023/college-tuition-and-fees-up-4-7-percent-since-february-2020.htm
I know I supposedly failed simple economics, but I am able to keep abreast of things like this.
