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Agreed. I would like to see an update. The private colleges have increased their tuition on an inflation adjusted level at a pretty linear rate (See Figure CP-
by secabeen 4y ago
Agreed. I would like to see an update. The private colleges have increased their tuition on an inflation adjusted level at a pretty linear rate (See Figure CP-3 on #1). It's the public Four Year institutions that made the big increases, both correlated with the 01-03 recession, and the 08-09 recession. Since 2014, nameplate public institution tuition has been largely flat (same figure).
Additionally, net tuition at 4-year publics actually paid by students has been almost flat or down over the last 15 years (see Figure CP-9 in #10), with net tuition plus room/board up slightly, due to increases in rent not fully controlled by colleges (same figure).
The same applies at private non-profits, flat to negative net tuition, and a moderate increase in tuition+room/board (Figure CP-10 in #1).
The answer is very clear. When states cut funding per FTE student, tuition rises to compensate. When state funding is flat or slightly up, tuition stays level (Figure CP-11A in #1).
All citations from #1, the best data source I know of for college tuition pricing data: https://research.collegeboard.org/media/pdf/trends-college-pricing-student-aid-2021.pdf https://research.collegeboard.org/media/pdf/trends-college-p...
If you want to look at it on the expenditures side, which should balance with revenue for non-profits, that data is here, and also shows moderate increases in spending: https://nces.ed.gov/programs/digest/d20/tables/dt20_334.10.asp https://nces.ed.gov/programs/digest/d20/tables/dt20_334.10.a...