4 ms·
The linked article doesn't say it's constant dollars, that's probably a far bigger change than it looks like. Also, note that the relationship is non-linear:
by LorenPechtel 4y ago
The linked article doesn't say it's constant dollars, that's probably a far bigger change than it looks like.
Also, note that the relationship is non-linear: Suppose it really is constant dollars and constant costs and it really costs $10k/quarter/student and look at the numbers: $511/quarter in 1987, $2,848 in 2015--a 30% drop in funding leads to a 557% increase in tuition.
- secabeen 4y agoThe CPI tuition number is also quite complicated to calculate: https://www.bls.gov/cpi/factsheets/college-tuition.htm https://www.bls.gov/cpi/factsheets/college-tuition.htm I can't fully tell here how much of this is the non-linear relationship you identified vs BLS not compensating for all financial aid and other reductions to create an actual net student cost.