The price of services relative to goods has also trended strongly upwards during that period due to increased trade.
Urbanization and increased cost of living in some areas could be pushing up averages in costs.
Nobody pays the sticker price. A lot of colleges are subsidized by a small slice of wealthy and/or foreign students, so to maximize differential pricing, universities raise prices, and simultaneously offer larger tuition grants for need or merit.
There are a dozen reasons. Student aid is probably one of them too, absolutely.
I just worry about someone saying 'x' is the reason for some complex social or economic changes decades in the making. The interesting question to me is how to weight all these influences.
The price of services relative to goods has also trended strongly upwards during that period due to increased trade.
Urbanization and increased cost of living in some areas could be pushing up averages in costs.
Nobody pays the sticker price. A lot of colleges are subsidized by a small slice of wealthy and/or foreign students, so to maximize differential pricing, universities raise prices, and simultaneously offer larger tuition grants for need or merit.
There are a dozen reasons. Student aid is probably one of them too, absolutely.
I just worry about someone saying 'x' is the reason for some complex social or economic changes decades in the making. The interesting question to me is how to weight all these influences.