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-Signs, Portents, and the Weather-
Unuversity Education - 1868
2017-01-28
Tuition and Fees, listed in the 1868 Course Catalogue:

In-state - $15 per annum (that's a year to the unsophisticated)
Out of state - $20 per annum
Room Rent - $4 per term
Board in Hall - $108 to $126.50

"Many young men reduce the expense to within $100 a year, and pay this by their labor during the year. It ought to be known that any young man can pay his way through college who is willing, for the sake of an education, to practice steadily the virtues of industry and economy."
The University's motto is still (I think) "Learning and Labor"
Posted by:Bobby

#7  And many Presidents are past academians rather than CEOs being asked to retool their businesses.
Posted by: Skidmark   2017-01-28 18:15  

#6  Universities are an anachronism in the internet age.
Posted by: phil_b   2017-01-28 18:09  

#5  The fact that a student was basically unlimited money with their federal student loans to a collage, resulted in the skyrocketing expenses you see today.
Posted by: DarthVader   2017-01-28 16:33  

#4  The major accelerator of costs is the Yuuuuge increase in educrats aka administrators.

There are far more admins now than faculty due to the Yuuuuge increase in Federal regs.

You'd think it was part of some loan scam or something.
Posted by: AlanC   2017-01-28 13:02  

#3  I think part of the cause of increasing costs of higher education is the same phenomenon we saw with Fannie Mae and Freddie Mac. You loan ridiculous amounts of money at usurious interest rates to kids who probably don't belong at a university anyway and it increases the demand. Increase the demand and you increase the cost. Then you get a whole bunch of unemployed and under employed college graduates. Better to send them to trade schools. Better to eliminate high school and send them to trade schools instead. Then let them work for what they're worth instead of what the union demands. Sorry, but a college education should not be for commoners or to make somebody's Affirmative Action quota. College should be for young people who really are gifted enough to go on to a professional career.
Posted by: Abu Uluque   2017-01-28 12:17  

#2  I must be as old as dirt as I can recall tuition being 90 bucks/term. College costs are rising faster than inflation. A large part of the problem is that in large public universities, they are being saddled with too many federal mandates. Data from 2012 as well as trend data beginning in 1985. .
Posted by: JohnQC   2017-01-28 11:43  

#1  You'd think a college graduate could spell "University", wouldn't ya?
Posted by: Bobby   2017-01-28 11:26  

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