4 ms·
The cost of going to college, is the cost of: * Courses * Books * Rent * Utilities In florida (generally - I don't know where students live when going to u
by olliej 2y ago
The cost of going to college, is the cost of:
* Courses
* Books
* Rent
* Utilities
In florida (generally - I don't know where students live when going to uni):
* Courses for an in state public school have increased by 30% (I've always been curious about in-state vs out-of-state - after you move to a state to go to school you're in state? maybe the first year "you're out of state" but after that you're in state, you've been paying taxes in state, voting, etc?)
* Rent seems to have doubled (400-600/mo in 2004 to 1000-1300/mo now) - on campus has increased by "only" 60% but I don't know how common it is
* Utilities seems to have doubled
* Books weirdly seems to have actually stayed stable??! :-O
In the same time student incomes seems to have increased by around 20% (which is about in line with 1.5-2% inflation).
Very roughly - and approximately - the ranges seem to be
2004: Courses: 2800 Rent+Utilities: 10000 Student Earnings: 10-15k (where 15k seemed to be for >30 hours a week)
2024: Courses: 3800 Rent+Utilities: 16000 Student Earnings: 12-18k (where the high end was again people doing >30 hours a week)
So in 2004 the net cash transfer was (-2.8k to 2.2k) vs 2024 where it's (-7.8k to -1.8k). Eg. the best case has gone from not needing a loan to need a loan.
This is of course only for students going to an in state public university - as far as I can make out it seems that's only half of them? (but it's really hard to be sure because it doesn't seem to be easily discoverable - basically I can find lists of what proportion of students at each particular school are in state vs out of state). For out of state you are adding 13-15k to the annual expenses.