Apr 23 2013
This Idaho Weekly Briefing this week carries some unsettling numbers: The tuition increases for students at Idaho colleges and universities.
A correspondent, a a usually reliable source who has followed the issue for four decades, did some analysis to show what’s happened in that area over time.
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Using the U.S. Bureau of Labor Statistics CPI, I estimated that tuition has increased over 200 percent above the CPI inflation rate.
I used the “remembered” figure of $400/year in 1972-73 (I think it was actually about $360); using the CPI, this would have been about $2227 in 2013, instead of $6524. (And out-of-state tuition was then ?perhaps $1000 a year? Now it’s $13,000 for undergraduate.)
I also figured that it now costs over $10 per “class contact hour” (one hour/50 minutes of attendance). That should make cutting/sleeping late/etc. a real financial decision (albeit something I never took into consideration until very late in my student career).
[18 credit-hours per semester X 17 weeks per semester X 2 semesters = 36 credit hours X 17 weeks = 612 contact hours for $6524 tuition = $10.66/class].