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$51,574 in 2011 to $79,760 in 2022 represents a growth rate of ~4.04% $51,574 invested into the S&P 500 in 2011 would be worth more than $225,000 today. BU en
by willturman 4y ago
$51,574 in 2011 to $79,760 in 2022 represents a growth rate of ~4.04%
$51,574 invested into the S&P 500 in 2011 would be worth more than $225,000 today.
BU enrollment was 32,727 in 2011, and is currently 33,678. I'm surprised it hasn't gone up considerably more.
- Damogran6 4y agoA 4 year BS is $320,000 without Room and Board. That's what my mortgage was 22 years ago. I have 30 years to pay that off, and I can live in it while doing so. (Now, multiply by the number of children you have, in my case, 2.)
- hitpointdrew 4y agoComparing tuition to the growth of the S&P 500, or any fund or stock for that matter, is like comparing a first class dining experience to a computer, the two have nothing in common. Why would you expect education costs to move with the value of public businesses? How does that make any sense? A businesses worth has actually gone up (acquired assets, generating more revenue, etc.), has the value of a college education gone up 400% from 2011 to 2022? Because that is what you seem to be suggesting. Are new grads from BU on average making 400x what they were in 2011? Even going from $51k to $79K that's about a 47% increase, is BU college education 47% better today than it was in 2011? Probably not.