200% increase in tuition

[Anonymous]

Between 1987 and 2017, the cost of attending a public four-year college rose more than 200%.

For the 2024-2025 school year, Tufts’ estimates of expenses for undergraduate programs reaches nearly $96,000, trumping Wellesley — which comes in at about $92,000.

For the year strting this fall, Yale University comes in at almost $91,000, preceding Boston University with around $90,000 for the academic year.

https://www.cnn.com/2024/03/27/business/college-tuition-new-england-ninety-thousand/index.html

That is so effed up.

[Anonymous]

Can you say.....state flagship?

[Anonymous]

Anonymous wrote:Can you say.....state flagship?

Omg. Yes

Looking at numbers for the privates my kid got into….compared to UVA as a family that will not qualify for any aid.

UVA is it. I don’t even think if he gets inyo an Ivy tomorrow we’d do it. Already passing up some other T10-20s due to cost.

[Anonymous]

That’s why kids like mine don’t go to those schools.

[Anonymous]

Anonymous wrote:Can you say.....state flagship?

State flagships can be pretty expensive as well. I think these discussions on DCUM miss the point. It becomes MC vs UMC arguing about the value of private colleges and how much to save/how many sacrifices to make, etc. The real discussion is the insane increase in cost period. John Oliver touched on it during his last episode. Unless you have money to burn, 400k for undergrad is bananas.

[Anonymous]

So it about matches inflation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can you say.....state flagship?

State flagships can be pretty expensive as well. I think these discussions on DCUM miss the point. It becomes MC vs UMC arguing about the value of private colleges and how much to save/how many sacrifices to make, etc. The real discussion is the insane increase in cost period. John Oliver touched on it during his last episode. Unless you have money to burn, 400k for undergrad is bananas.

Yep

[Anonymous]

Anonymous wrote:So it about matches inflation.

But not income increase for most of us.

[Anonymous]

Anonymous wrote:So it about matches inflation.

No. It outpaces inflation by a lot.

[Anonymous]

Why do we need three simultaneous threads on this topic?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can you say.....state flagship?

State flagships can be pretty expensive as well. I think these discussions on DCUM miss the point. It becomes MC vs UMC arguing about the value of private colleges and how much to save/how many sacrifices to make, etc. The real discussion is the insane increase in cost period. John Oliver touched on it during his last episode. Unless you have money to burn, 400k for undergrad is bananas.

If you're a state resident, an in-state flagship will not cost $400k over 4 years.

Any private college might with inflation.

[Anonymous]

https://www.bestcolleges.com/research/college-costs-over-time/

https://www.demos.org/sites/default/files/publications/DEMOS_DFC_Yearbook_FA_Optimized_0.pdf

[Anonymous]

America is heading to a two tier society. Vote Biden or it gets worse

[Anonymous]

Anonymous wrote:

Anonymous wrote:So it about matches inflation.

No. It outpaces inflation by a lot.

Yep. According to this federal reserve calculator, $1 in 1987 was worth $2.17 (2.68 in 2023). https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So it about matches inflation.

No. It outpaces inflation by a lot.

Yep. According to this federal reserve calculator, $1 in 1987 was worth $2.17 (2.68 in 2023). https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator

$2.17 in 1987