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Posts tagged ‘University of Pennsylvania’

29
Apr

The Open Secret Colleges and Universities Don’t Want You To Know

In 1984, the average tuition, room and board was about $4,600, which equates to $14,000 in 2024, taking into consideration the inflation rate, which means todays price of tuition, room and board should be about 300% higher than in 1984.  But, we all know that isn’t the case.

The average tuition, room and board at a college or university (and it varies depending on whether the school is private or public) in 2024 is about $42,000 – about 900% more than in 1984.  Most private schools cost $80,000 – $100,000 annually which makes people – and especially parents – wonder why have the costs of educating our kids increased so dramatically? Read more »