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Amazing that the real cost of college has almost tripled since 1980.
Have I missed something or is providing a college education fairly similar today as it was back in 1980? I don't understand why the price has gone up almost three times. Where is all that additional money going? Or maybe financial aid has increased quite a bit and the average student doesn't pay nearly as much as the list price. Either way, I think the US should try and get private education prices back down to 20% of the median family income and public education down to 5% as it was from 1950 until 1980.
And things aren't going to get better in the short run as the NY Times reports that prices are likely to increase even more.
via The Race between Education and Technology