>The cost of a university education has skyrocketed Citation required ... the headline prices for colleges have gone up considerably, but so has the amount of

>The cost of a university education has skyrocketed Citation required ... the headline prices for colleges have gone up considerably, but so has the amount of scholarship and grant funding (i.e. universities discounting from publicly advertised prices). In fact, the average net cost-of-attendance (including tuition, fees, housing and food) for private, four-year colleges in the US is - in inflation-adjusted dollars - slightly lower now than it was in 2006-07 and has been trending down since 2016-17. This is also the reason why annual student loan borrowing peaked in 2010-11 (again, in inflation adjusted dollars), has been reducing year-on-year, and is now down over 35% since then. People obsess over the headline prices, which are almost never the prices actually paid. Any kind of sensible comparison has to be done on the basis of actual net cost-of-attendance. ref. https://research.collegeboard.org/media/pdf/Trends%20Report%202023.pdf https://research.collegeboard.org/media/pdf/Trends%20Report%...