Colleges and universities started jacking up their tuition around 1980, when they realized they could charge far more without losing enrollment. So, being the businesses they are, they kept jacking it up. And the beauty of it is that nobody’s blaming them, it’s all boomers’ fault for encouraging education. Win-win!
In the case of at least one school, the state was also cutting back funding.
I would love for this chart to have two extra lines: the cost of tuition and an inflation adjusted cost of tuition. Without those numbers this chart could simply be “the school spent more while getting constant state funding and made the difference up with tuition”. That wasn’t actually the case here, but the chart doesn’t make it obvious.
Colleges and universities started jacking up their tuition around 1980, when they realized they could charge far more without losing enrollment. So, being the businesses they are, they kept jacking it up. And the beauty of it is that nobody’s blaming them, it’s all boomers’ fault for encouraging education. Win-win!
college tuition is the only thing that rose faster than CEO pay for the last 40 yrs
In the case of at least one school, the state was also cutting back funding.
I would love for this chart to have two extra lines: the cost of tuition and an inflation adjusted cost of tuition. Without those numbers this chart could simply be “the school spent more while getting constant state funding and made the difference up with tuition”. That wasn’t actually the case here, but the chart doesn’t make it obvious.
As if it wasn’t boomers running the colleges.
In the 1980s, boomers were in their 30s/early 40s, so no they were not likely to be senior leadership in colleges at the time.
Well I don’t run a college. You might as well say, “As if black people don’t commit armed robbery.”
You’re 100℅ right and it’s sad to see how bad some people’s logic is.
College admins are a subset of boomers. This isn’t about boomers. This is about colleges.