this post was submitted on 19 Jul 2024
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If the boomer was 60, it would still only cost $2,267.87.
If they're 65, it would have been 3,245.61.
Tuition today: $41,540 at private colleges $11,260 at public colleges (in-state residents) $29,150 at public colleges (out-of-state residents)
Sure, inflation is a thing, but the difference in dollar amount is still staggering.
Ofc, though the problem when talking to anyone older about inflation then they'll think that the cost just increased at the same rate as inflation. But the problem is that tuition in particular is one of the fastest rising costs that has blown through inflation many times over. By showing someone the present value of their tuition against current tuition they'll be able to realize that it outpaced inflation and it is much less feasible to work yourself through college while working.
I feel very lucky to be in the UK. I get to go to imperial for less than the cheapest offerings in the USA.
it's still £10k / year whereas it used to be £10k for the whole degree.
Hopefully (slim hope, but nevertheless) Labour will curtail the steady rise of fees we've seen in recent years. Bring back free tuition!
Yeah but i have a scholarship that covers more than tuition
Yes, per semester. You can get away with way less if you go to a community college or online school.
Having gone to community college and a private college, the difference in class quality is great, but not over 10 times greater. Maybe three times greater? The state school classes I audited were zero to 1 times better to be honest.