Quote:
Originally Posted by Boreas
The cost of college tuition these days is nothing short of criminal. Just for kicks, I looked up the tuition for the two colleges I attended, Georgetown and the University of Maryland.
When I attended Georgetown, the per semester tuition plus board and expenses was between $2,000 and $3,000. Here's what it costs now.
http://finaid.georgetown.edu/cost-of.../undergraduate
At Maryland, where I was a commuter, it cost about $500 per semester. Current costs are below.
http://www.admissions.umd.edu/costs/
Granted, this increase is for a period of around 50 years but I still find it mind-boggling.
And Kipplinger rates Maryland as the 7th best "bargain" in state schools.
John
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I did a little analysis of the cost increases since I went to college in the late 1960's. Tuition at the same school I went to has gone up four times as fast as inflation since that time. On the other had the minimum wage, which was what I was making when I worked my way through college, has gone up less than inflation. There's no way I could have afforded to go today, given the same situation.