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Agreed. Comparing the $160 early 1900s Yale tuition that that of today's Yale is a little ridiculous. Yale and the like were the only real universities in the c
by skolor 17y ago
Agreed. Comparing the $160 early 1900s Yale tuition that that of today's Yale is a little ridiculous. Yale and the like were the only real universities in the country. It would be better to compare to a public University (assuming we're still talking about someone trying to pay their way through college, that seems to be the place they would be going to). You're not looking at $40k a year, you're looking at ~$7000 (http://www.collegeboard.com/student/pay/add-it-up/4494.html http://www.collegeboard.com/student/pay/add-it-up/4494.html).
And going by his math to pay for it, at 12 hours a day, for 32 days, you're looking at 384 total hours of work to pay for a year's tuition. To pay for a public school in the same number of hours worked, you would have to be making roughly $18 an hour, or a yearly salary of ~$38k (pre-tax, but that's a different issue entirely). Turns out college education is going to be roughly the same cost as it was then, if you're going to a public school.
- 3pt14159 17y agoYeah, except public schools are subsidized by the government.
- kingkongreveng_ 17y ago> Yale and the like were the only real universities in the country That is not true. The many colleges originally founded on agricultural science curricula were started from the 1860s onward. Students were middle class. They were very cheap.