College Tuition vs Personal Income
Kurt Brouwer February 18th, 2009
This chart from Professor Donald E. Heller, Director of Penn State’s Center for the Study of Higher Education, indicates how much college tuition costs have soared compared to personal incomes:
Source: Professor Donald E. Heller
College tuition has gone up much more rapidly than personal income for many years. That’s amazing, but I already knew that. However, this presentation does put the huge cumulative disparity in perspective.
However, I was shocked by the fact that public school tuition has gone up faster than private school tuition since 2001. What’s up with that?
One point to remember is that most students do not pay the full tuition.
Hat tip: Paul Kedrosky
- Money , Personal Finance , inflation
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