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[quote=Anonymous]Well, part of the "cost of attendance" is feeding/housing/being liable for 18-21 year olds and providing the things that made one institution more competitive for their applications than another (building new dorms, updated facilities etc.).  Contemporary colleges/universities need to keep apace with ever-faster developments in so many fields of knowledge and the equipment to keep generating new knowledge.  The cost of just keeping up with current journals in the library are huge costs for a school.  Not to mention updated labs/classroom tech/software etc. 
Also increased regulation and litigations has led to more college administrators than ever before.  Metrics on student success are more important so those now have offices to support that did not use to exist.   In addition, there was a college building boom in the 1960s and 70s and many of those buildings are now needing to be torn down and rebuilt because it would cost more to update to current reqs.  There were decades that kind of coasted on prior building. So it's a number of factors--the college of the 1990s is different than colleges now.

On the positive side, we have found that cost of attendance is higher than reality--the estimated cost of attendance tends to be based on higher costing dorms, purchase of expensive textbooks and equipment, and full meal plan all the years.  You can shave a few thousand off usually.  Small change I know.  Also, very few people pay full price on the most expensive schools.  And there are many excellent schools that don't cost as much.[/quote]

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