this post was submitted on 27 Sep 2024
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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:
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.