View Single Post
      08-30-2019, 03:59 PM   #75
hooligan_COLD
Space Shuttle Door Gunner
hooligan_COLD's Avatar
4800
Rep
4,106
Posts

Drives: '15 X1 35i M Sport
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (0)

Quote:
Originally Posted by bayarea328xit View Post
Quote:
Originally Posted by hooligan_COLD View Post
As a related tangent - when I graduated high school in '93, the local community college was charging $60/credit for tuition, Michigan State University was, as I recollect, about $120-125/credit.

Since we recently moved back to East Lansing, my wife was considering "auditing" a couple of classes at MSU. Their current tuition rate is between $482/credit and $555/credit hour.
http://www.ctlr.msu.edu/COStudentAcc...rgraduate.aspx



Is there some other industry where the cost has increased 400+% in the last 25 years? I can't think of anything or service that I currently use or buy that has, honestly.
Shown below are the 10-, 20-, and 30-yr average annual tuition percentage increases -- looks to be pretty constant 7-8% over the last 50 yrs. The steep and steady increase in the cost of an undergrad degree is not a recent phenomenon.

Source: https://www.oir.uci.edu/files/tuition/Undergraduate.pdf
I didn't say it necessarily was a recent phenomenon, did I? I simply used a relatively recent time frame as an example.

My point still stands.
MKSixer18460.00