Go 'Noles! 80% of a college's costs are personnel. Not only are there a heckuva lot more services being offered, and the services offered are being offered more

Go 'Noles! 80% of a college's costs are personnel. Not only are there a heckuva lot more services being offered, and the services offered are being offered more broadly, but colleges are also trying to be all things. A college that was a famous teacher's college in the 1960s now wants to have top tier science departments as well. I think when boomers like me came along the number of people going to college increased so dramatically (because a. there were so many of us and b. more people were seeing a college education as valuable) that colleges expanded. It's interesting to consider how college costs have increased compared to other indexes: US inflation : ~300% https://www.in2013dollars.com/us/inflation/1980 https://www.in2013dollars.com/us/inflation/1980 US college costs: ~300% https://www.businessinsider.com/this-chart-shows-college-tui.. https://www.businessinsider.com/this-chart-shows-college-tui.... US GDP per capita: ~500% https://mgmresearch.com/us-gdp-data-and-charts-1980-2020/ https://mgmresearch.com/us-gdp-data-and-charts-1980-2020/ Keep in mind that those college and gdp graphs have inflation removed.